4204 Rainey RdJacksonMS39212
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
Investment property for sale in Jackson at 4204 Rainey Rd, Jackson, MS, 39212 uses $62,488 cash to close to unlock $4,287/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,705/mo, and a $923/mo payment keeps the spread at $357/mo. Purchase price stands at $188,500, and rental yield measures 10.85% with $1,705/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $52,079 over five years. Five-year ROI reaches 140.95% and total cumulative return in cash records $88,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,705/mo property income covering a $923/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39212, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,537 (100%) |
| Owner Occupied HU | 7,031 (56.1%) |
| Renter Occupied HU | 3,894 (31.1%) |
| Vacant Housing Units | 1,612 (12.9%) |
| Median Home Value | $119,083 |
| Average Home Value | $166,295 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
9,991
Multi-Family
1,572
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marlon Morris • Abundance Realty Group, LLC
Mls Name: MLS United
Mls ID: #4086282
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.