Welcome to 1524 Dianne Drive, a well-maintained 3-bedroom, 1.5-bath home offering approximately 1,199 square feet of living space, currently generating reliable rental income.The property is tenant-occupied and rented for $1,050 per month, providing immediate cash flow from day one for the new owner.Inside, the home features a comfortable and functional floor plan, including a spacious living area, a practical kitchen with ample cabinet space, and well-sized bedrooms suited for long-term tenancy. The layout supports consistent rental demand from tenants seeking affordability and convenience.Located in an established Jackson neighborhood with easy access to schools, shopping, and major commuter routes, this property continues to attract stable, long-term tenants.Key Investor Metrics ? Current Rent: $1,050/month ? Annual Rent: $12,600 ? List Price: $89,995 ? Estimated Gross Yield: ~14.0%Currently rented for $1,050/month ($12,600 annually), representing a potential gross yield of approximately 14% at the current list price--an attractive return for investors seeking stable, in-place income.Additional NotesThis is a true turnkey investment with income already in place, making it ideal for investors seeking immediate returns without lease-up risk.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: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 326.04 per month $200.29 Principal & Interest $99.50 Property Tax $26.25 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1524 Dianne Drive | MLS# 4128405
This single family home located at 1524 Dianne Drive, Jackson, MS 39204 is currently listed for sale with an asking price of $89,995. This property was built in 1960 and has 3 bedrooms and 1 full and 1 partial baths with 1199 sq. ft. Dianne Drive is located in the Westgate Park subdivision. Search Westgate Park real estate on online.fusion2b.com today.