860 Madison St #A-BJacksonMS39202
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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 860 Madison St #A-B, Jackson, MS, 39202 offers $1,140/mo rent that, after a $910/mo payment, leaves $2/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $27/yr on $61,626 cash. Return on cash invested measures 19.95% in year one, and rental yield stands at 7.36% at a $185,900 entry. Equity gained on principal adds $1,200/yr while 5% annual appreciation compounds into $51,361 by year five. Five-year ROI records 103.04% and total cumulative return in cash reaches $63,501. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39202, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 1,315 (29.0%) |
| Renter Occupied HU | 2,519 (55.6%) |
| Vacant Housing Units | 698 (15.4%) |
| Median Home Value | $238,470 |
| Average Home Value | $293,496 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
2,707
Multi-Family
1,290
Businesses
595
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #4093964