916 Newland StJacksonMS39211
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 916 Newland St, Jackson, MS, 39211 uses $101,108 cash to close to unlock $12,533/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $1,493/mo payment keeps the spread at $1,044/mo. Purchase price stands at $305,000, and rental yield measures 11.45% with $2,911/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 169.23% and total cumulative return in cash records $171,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39211, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 7,361 (60.0%) |
| Renter Occupied HU | 3,706 (30.2%) |
| Vacant Housing Units | 1,207 ( 9.8%) |
| Median Home Value | $246,919 |
| Average Home Value | $314,842 |
Housing Distribution
Address Breakdown
Residential
11,786
Single Family
8,928
Multi-Family
2,858
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edwin Holmes • Charlotte Smith Real Estate
Mls Name: MLS United
Mls ID: #4118052