6931 Richmond Grove RdJacksonMS39213
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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 6931 Richmond Grove Rd, Jackson, MS, 39213 offers a 5.32% rental yield on a $230,000 purchase with $1,020/mo rent. 81% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 70.08% and total cumulative return in cash at $53,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39213, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,293 (100%) |
| Owner Occupied HU | 5,020 (48.8%) |
| Renter Occupied HU | 3,584 (34.8%) |
| Vacant Housing Units | 1,689 (16.4%) |
| Median Home Value | $78,006 |
| Average Home Value | $159,302 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
7,787
Multi-Family
1,557
Businesses
698
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Listed by: Schneika N Stokes • Premier Living Realty, LLC
Mls Name: MLS United
Mls ID: #4114477
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.