4619 Manila DrJacksonMS39206
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 4619 Manila Dr, Jackson, MS, 39206 uses $39,449 cash to close to unlock $2,511/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $937/mo, and a $582/mo payment keeps the spread at $209/mo. Purchase price stands at $119,000, and rental yield measures 9.45% with $937/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 136.99% and total cumulative return in cash records $54,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $937/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.28 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: Mike Hoffman • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4097620
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.