624 Cedar Springs DrJacksonMS39212
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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 624 Cedar Springs Dr, Jackson, MS, 39212 earns $569/mo cash flow from $1,502/mo rent with a $746/mo payment. Total monthly income totals $1,502/mo, and annual cash flow totals $6,830/yr on $50,554 capital. ROI tracks 33.42% on current figures, and rental yield reads 11.82% at a $152,500 purchase. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 over five years. Five-year ROI reaches 175.3% and total cumulative return in cash sums $88,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,502/mo property income instead of your personal income.
Single Family
Built in 1979
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39212, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,537 (100%) |
| Owner Occupied HU | 7,031 (56.1%) |
| Renter Occupied HU | 3,894 (31.1%) |
| Vacant Housing Units | 1,612 (12.9%) |
| Median Home Value | $119,083 |
| Average Home Value | $166,295 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
9,991
Multi-Family
1,572
Businesses
367
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Listed by: Cathy Magee-Byrd • Little Creek Realty
Mls Name: MLS United
Mls ID: #4134836