766 Monterey St #A-BJacksonMS39204
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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
Rental property for sale in Jackson at 766 Monterey St #A-B, Jackson, MS, 39204 offers $1,181/mo rent that, after a $798/mo payment, leaves $183/mo cash flow. Total monthly income is $1,181/mo, and annual cash flow is $2,200/yr on $54,035 cash. Return on cash invested measures 23.98% in year one, and rental yield stands at 8.69% at a $163,000 entry. Equity gained on principal adds $1,052/yr while 5% annual appreciation compounds into $45,034 by year five. Five-year ROI records 124.62% and total cumulative return in cash reaches $67,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,181/mo property income versus a $798/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1949
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39204, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 2,460 (32.4%) |
| Renter Occupied HU | 3,547 (46.7%) |
| Vacant Housing Units | 1,584 (20.9%) |
| Median Home Value | $76,400 |
| Average Home Value | $141,192 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
4,328
Multi-Family
2,197
Businesses
724
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Listed by: Jimmy Stuart • Realty ONE Group Prime
Mls Name: MLS United
Mls ID: #4069318