384 Naples RdJacksonMS39206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Jackson at 384 Naples Rd, Jackson, MS, 39206 priced at $265,000 pairs $1,931/mo rent with $309/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,931/mo, and annual cash flow comes to $3,712/yr on $87,848 invested. Return on cash invested is 24.13% in year one, and rental yield stands at 8.74% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 125.46% and total cumulative return in cash reaches $110,211. For financing, Ziffy Mortgage’s DSCR program evaluates $1,931/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39206, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 4,894 (44.6%) |
| Renter Occupied HU | 4,491 (40.9%) |
| Vacant Housing Units | 1,595 (14.5%) |
| Median Home Value | $137,174 |
| Average Home Value | $186,725 |
Housing Distribution
Address Breakdown
Residential
10,678
Single Family
7,273
Multi-Family
3,405
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jan Frascogna • The Furr Group
Mls Name: MLS United
Mls ID: #4098390
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.