435 Alta Woods BlvdJacksonMS39204
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 435 Alta Woods Blvd, Jackson, MS, 39204 priced at $102,000 converts $790/mo rent into $96/mo cash flow after a $499/mo obligation. Total monthly income equals $790/mo, and annual cash flow totals $1,154/yr on $33,813 invested. Return on cash invested prints 23.32% in year one, and rental yield reads 9.29% against a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation compiles into $28,181 by year five. Five-year ROI reaches 122.11% and total cumulative return in cash sums $41,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $790/mo property income covering a $499/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.75 Acres 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: Ronald Bennett • Crye-Leike
Mls Name: MLS United
Mls ID: #4088912
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.