Investor Opportunity - Turnkey Rental with Strong Yield | Price Repositioned1716 Smallwood Street is a well-maintained 3-bedroom, 2-bath home offering approximately 1,490 square feet and currently generating $1,200/month in rental income ($14,400 annually).Recently repositioned to $104,900 to enhance investor returns, this property now offers an estimated ~13.7% gross yield, making it a compelling opportunity for investors seeking stable cash flow.The home features a functional layout with a spacious living area, well-sized bedrooms, and a versatile bonus room that can serve as a home office, additional living space, or playroom. A fenced backyard further enhances tenant appeal and supports long-term occupancy.Located in a proven rental corridor in Jackson, MS, the property benefits from consistent workforce housing demand, proximity to schools, shopping, and major roadways.The property is tenant-occupied, offering immediate cash flow from day one with no upfront repositioning required.Ideal for investors seeking: ? Strong yield ? Stable rental history ? Immediate incomePositioned as a performing rental asset, pricing reflects both current income and overall investment value. Seller will consider offers consistent with market-based investment value.Key Investor Metrics Currently rented for $1,200/month ($14,400 annually) representing a potential gross yield of approximately 13.7% at the current asking price.Seller owns multiple rental properties in the Jackson area and may consider selling additional properties individually or as part of a small portfolio.
Listed By
Agency Name: Southern Magnolia's Realty
Shown By
Agency Title: Mozingo Real Estate & Auction, Inc.
Agency Phone: 2288963400
Estimated Payment
$ 375.47 per month $233.46 Principal & Interest $111.42 Property Tax $30.60 Homeowner's Insurance
1716 Smallwood Street | MLS# 4128399
This single family home located at 1716 Smallwood Street, Jackson, MS 39212 is currently listed for sale with an asking price of $104,900. This property was built in 1964 and has 3 bedrooms and 2 full baths with 1490 sq. ft. Smallwood Street is located in the Oak Forest subdivision. Search Oak Forest real estate on www.mozingoauctions.com today.