408 Northpointe PkwyJacksonMS39211
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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
Investment property for sale in Jackson at 408 Northpointe Pkwy, Jackson, MS, 39211 with 5% annual appreciation on a $195,000 basis while $1,476/mo rent supports operations. Total monthly income totals $1,476/mo and a $954/mo payment preserves $147/mo for cash returns. Annual cash flow comes to $1,760/yr on $64,643 deployed, and return on cash invested reaches 22.63% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.08%. Five-year ROI measures 118.28% and total cumulative return in cash totals $76,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,476/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.28 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39211, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 7,361 (60.0%) |
| Renter Occupied HU | 3,706 (30.2%) |
| Vacant Housing Units | 1,207 ( 9.8%) |
| Median Home Value | $246,919 |
| Average Home Value | $314,842 |
Housing Distribution
Address Breakdown
Residential
11,786
Single Family
8,928
Multi-Family
2,858
Businesses
739
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Listed by: Suzanne Foster • Southern Magnolia's Realty
Mls Name: MLS United
Mls ID: #4090860
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.