503A Northpointe PkwyJacksonMS39211
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 503A Northpointe Pkwy, Jackson, MS, 39211 earns $33/mo cash flow from $1,481/mo rent with a $903/mo payment. Total monthly income totals $1,481/mo, and annual cash flow totals $397/yr on $61,162 capital. ROI tracks 20.56% on current figures, and rental yield reads 9.63% at a $184,500 purchase. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 over five years. Five-year ROI reaches 108.56% and total cumulative return in cash sums $66,398. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Condo
Built in 1994
0.50 Acres lot
$N/A/sqft
$242 monthly 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: Veronica Naylor • Marketplace Real Estate
Mls Name: MLS United
Mls ID: #4071322
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.