6231 Waterford DrJacksonMS39211
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6231 Waterford Dr, Jackson, MS, 39211 in Jackson hard to pass up. The 10.84% gross yield on a $295,000 purchase results in $2,664/mo in rent and $804/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $9,645, five-year appreciation of $81,503, and $2,717/yr in equity build-up combine for a projected total cumulative return of $167,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $804 | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,664 |
| Total Monthly Debt Service | $1,688 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4130051