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    101545 Home Sfr Jackson Ms Pearl, MS 39208

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    101545 Home Sfr Jackson Ms Pearl, MS 39208


    • Residential income homes
    • 7,230 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Residential income homes

    Property Details for 101545 Home Sfr Jackson Ms

    Year built
    2007
    Property size
    7,230 SF
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a portfolio of five single-family rental homes located in Jackson, Mississippi. The portfolio comprises five 3-bedroom homes, totaling 7,230 square feet across a 47,045 square foot lot. Built between 2006 and 2007, these properties are situated in a desirable area of Jackson and are currently 100% occupied with vetted tenants. Each home boasts an average size of 1,446 square feet, and the current average monthly rent is $1,445. However, significant upside potential exists, as current market rents are 30% higher, at $1,577 per month. The portfolio's current Net Operating Income (NOI) is $66,367, projected to increase to $67,598 in year one, resulting in a pro-forma cap rate of 6.44%. The asking price for the entire portfolio is $1,050,000, representing $210,000 per unit. This represents a compelling investment with a strong current cash flow and significant potential for future growth through rental increases. The portfolio's clustered location enhances property management efficiency. This fee-simple ownership opportunity offers a stabilized, cash-flow investment in a growing market. The properties are well-maintained and offer a strong return on investment. The average home price of $210,000 represents 25% of the housing market in the area, and homes have appreciated 31.57% over the last 10 years.


    Value Estimations

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    Location Insight

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    • Local Demand
    City
    Pearl
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.084
    Latitude
    32.254
    More about this property
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