742 Heather LnJacksonMS39206
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 742 Heather Ln, Jackson, MS, 39206 with 5% annual appreciation on a $120,000 basis while $919/mo rent supports operations. Total monthly income totals $919/mo and a $587/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,529/yr on $39,780 deployed, and return on cash invested reaches 23.75% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.19%. Five-year ROI measures 124.06% and total cumulative return in cash totals $49,351.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $919/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Hollingsworth • Neighbor House, LLC
Mls Name: MLS United
Mls ID: #4101820
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.