Looking for a cash-flowing rental property with strong upside? 1368 Dorgan St in Jackson, MS is available for just $65,000 and offers excellent income potential for both traditional and Section 8 investors. Investment Highlights: Purchase Price: $65,000 Potential Market Rent: $1,050/month Potential Section 8 Rent: Up to $1,544/month Strong cash-flow opportunity Located in an established rental market Approximately 1,200+ sq. ft. with 3 bedrooms and 1 bath according to recent rental listings for the property. Projected Returns Traditional Rental Income: $12,600/year Section 8 Rental Income: Up to $18,528/year Potential gross yield of over 28% based on Section 8 rental rates.
Based on the average sale price from the Madisonville, LA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1368 Dorgan Street Jackson, MS is a Single Family Home for sale at $65000 with 1206 sqft and a lot size of 0.24 Acres Acre(s). 1368 Dorgan Street Jackson has 3 bedrooms, 1 baths and was built in 1967. The property's zip code is 39204 which is in Jackson, MS
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.