Jackson Mississippi SFH Cashflow, neighborhoods
Hey BP'ers
I'm interested in buy/hold investing in Jackson...I visited there last year and really enjoyed my time there and the atmosphere. Really like the broadbased economy (auto, state government, universities, healthcare).
I visited some neighborhoods with a wholesaler and there's obviously a range there.
I'm interested in areas that have strong cashflow but have some potential for appreciation, in the $80-110k range. If you have recommendations or want to start a conversation about the area please let me know. Thank you!
Most Popular Reply
Hey Jonathan I am actually living in the area you are enquiring about! Grew up about 45 mins south of Jackson so I know the area pretty well. The Pearl, MS area is probably the place you would want to look at if your looking for SFH in the range of $80k-$110. Solid cash flow and the area is very populated. Rents are anywhere between $1000-$1500. I am seeing most around the $1250/month mark. As Flowood/Brandon area keeps appreciating, it's getting harder and harder to find a solid cash flowing deal there that makes sense for your real estate philosophy. I've been here for 3 years and have my fingers on the pulse of the daily market pretty well and would be glad to answer any other questions you may have about the areas surrounding Jackson.
Other surrounding cities you may want to look at:
•Clinton
•Byram
•Ridgeland