6234 Hanging Moss RdJacksonMS39206
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 6234 Hanging Moss Rd, Jackson, MS, 39206 priced at $187,500 converts $1,437/mo rent into $289/mo cash flow after a $918/mo obligation. Total monthly income equals $1,437/mo, and annual cash flow totals $3,472/yr on $62,156 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 9.2% against a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation compiles into $51,803 by year five. Five-year ROI reaches 132.74% and total cumulative return in cash sums $82,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,437/mo property income covering a $918/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.62 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
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Nearby investment properties with comparable prices
Listed by: Mishi C Jones • BHHS Ann Prewitt Realty
Mls Name: MLS United
Mls ID: #4083501
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.