404 McDowell Park CirJacksonMS39204
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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 404 McDowell Park Cir, Jackson, MS, 39204 priced at $115,000 converts $887/mo rent into $183/mo cash flow after a $563/mo obligation. Total monthly income equals $887/mo, and annual cash flow totals $2,197/yr on $38,123 invested. Return on cash invested prints 25.67% in year one, and rental yield reads 9.26% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 133.77% and total cumulative return in cash sums $50,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $887/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39204, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 2,460 (32.4%) |
| Renter Occupied HU | 3,547 (46.7%) |
| Vacant Housing Units | 1,584 (20.9%) |
| Median Home Value | $76,400 |
| Average Home Value | $141,192 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
4,328
Multi-Family
2,197
Businesses
724
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Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4118687