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$228,000

For Sale - Active
5967 Huntview Dr, Jackson, MS 39206
3 Beds
3 Baths
0 Square Feet
0.43 Acres Lot
Built in 1973
For Sale - Active
Units n/a
Checked: 21 hours ago
Updated: Aug 23, 2025 at 10:03AM

Investment Summary


Monthly Cash Flow
$395
Cap Rate
7.8%
Cash-on-Cash Return
9.0%
Debt Coverage Ratio
1.37
Internal Rate of Return (5 years)
12.8%

Property Description


0.43 Acres Lot
Built in 1973
For Sale - Active
Units n/a

Welcome to this spacious and well-maintained home nestled in the desirable Woodlea neighborhood of North Jackson! Boasting approximately 2,300 square feet, this property offers generous living spaces perfect for comfortable family living and entertaining. Inside, you'll find three bedrooms and two full bathrooms, including a large master suite with an oversized walk-in closet. The living room features beautiful built-ins, adding both charm and functionality. Situated on a spacious lot, the property provides plenty of outdoor space for gardening, recreation, or future additions. With its convenient location and classic appeal, this home is a must-see!

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Location


Property Details


Parking

  • Details: Concrete
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 61
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Slab
  • Roof Material: Asphalt

HOA

  • Has HOA: Yes
  • HOA Fee: $100/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 07120233000
  • Lot Size: 18730 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1973

Tax Information

  • Annual Tax: $1,264

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hinds

Listing Details


Listed by:
Brina Hayes
BHayes Realty Group
(601) 291-9141

Source:
MLS United
MLS#: 4115351
MLS United

Investment Summary


Monthly Cash Flow
$395
Cap Rate
7.8%
Cash-on-Cash Return
9.0%
Debt Coverage Ratio
1.37
Internal Rate of Return (5 years)
12.8%

Purchase Details

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Purchase price:
$228,000
Amount financed:
-$182,400
Down payment:
$45,600
Closing costs:
$6,840
Rehab costs:
$0
Initial cash invested:
$52,440
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$182,400
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,079
Property tax:
$105
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,345

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (5%)
5%-$105-$1,264
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (0%)
0%-$8-$96
Total operating expenses: (30%)
30%-$688-$8,260

Cash Flow


Monthly Yearly
Net operating income:
$1,474 $17,688
Mortgage payments:
-$1,079 -$12,948
Cash flow:
$395 $4,740