Description
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.
Details
| MLS # | 4159316 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 16 |
| Listing Provided By | Evernest LLC | Austin C Hall |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,206 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.24 |
| Water Front | None |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Heating Yes / No | Yes |
| Heating | Central, Natural Gas |
| Window Features | Aluminum Frames |
| Appliances | None |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Architectural Shingles |
| Construction Materials | Brick, Metal Siding, Wood Siding |
| Foundation Details | Concrete Perimeter, Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport, Deeded, On Site |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|
Taxes
| Property | 1253 |
|---|
Area Information
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39204 |
| Area | Hinds |
| Community Name | Westgate |
| School District | Jackson Public |
| Elementary School | Wilkins |
| High School | Wingfield |
| Listing VS Median (in Westgate) | |
Price: $65,000 low | high Med: $64,900 sqft: 1,206 low | high Med: 1,128 $ / sqft: $54 low | high Med: $58 On site: 16 low | high Med: 24 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39204 |
| Area | Hinds |
| Community Name | Westgate |
| School District | Jackson Public |
| Elementary School | Wilkins |
| High School | Wingfield |
| Listing VS Median (in Westgate) | |
Price: $65,000 low | high Med: $64,900 sqft: 1,206 low | high Med: 1,128 $ / sqft: $54 low | high Med: $58 On site: 16 low | high Med: 24 | |
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