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5389 Cedar Park Drive, Jackson, MS 39206

$120,500
  • 5389 Cedar Park Drive, Jackson, MS 39206 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,637 MLS#4128392
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCedar Park

Property Description

Turnkey Investment Opportunity - Tenant-Occupied | Strong Yield | Price Positioned for Returns5389 Cedar Park Drive is a well-maintained 3-bedroom, 2-bath home offering approximately 1,637 square feet and currently generating $1,275/month in rental income ($15,300 annually).At the current asking price of $120,500, this represents an estimated ~12.7% gross yield, making it an attractive opportunity for investors seeking stable cash flow and long-term value.The property is tenant-occupied, providing immediate income from day one with no upfront repositioning required.Inside, the home features a spacious living area with abundant natural light, a functional kitchen with ample cabinetry and counter space, and a comfortable layout designed for long-term livability. The primary suite includes a private bathroom, while the additional bedrooms are well-sized and share a conveniently located hall bath.The property also offers a manageable yard and is located in an established residential area with convenient access to schools, shopping, dining, and major transportation routes--supporting consistent tenant demand and retention.Ideal for investors seeking: ? Strong yield and predictable cash flow ? Stabilized, tenant-occupied asset ? Minimal management disruption at acquisitionTenant-occupied. Showings available during inspection period after accepted offer.Positioned as a performing rental asset, pricing reflects both current income and overall investment value. Seller will consider offers consistent with market-based investment value.Seller owns multiple rental properties in the Jackson area and may consider selling additional properties individually or as part of a portfolio.

5389 Cedar Park Drive | MLS# 4128392

This single family home located at 5389 Cedar Park Drive, Jackson, MS 39206 is currently listed for sale with an asking price of $120,500. This property was built in 1966 and has 3 bedrooms and 2 full baths with 1637 sq. ft. Cedar Park Drive is located in the Cedar Park subdivision. Search Cedar Park real estate on online.fusion2b.com today.

Property Features

Property Type: Residential - Single Family
Lot Size: 0.30 Acres
Roof Type: Asphalt Shingle
Stories: 1.0
Taxes: $2,100
Year Built: 1966

Feature Descriptions

Days on Site: 175
Lot: Level
Parcel#: 0500-1318-000
Sewer: Public Sewer
Water: Public

Local Schools

High School: Murrah
Middle School: Bailey APAC
Elementary School: Boyd

Listed By / Shown By

Listed By

Agency Name: Southern Magnolia's Realty

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MLS United MLS

Estimate Your Payment

Estimated Payment

$ 478.33 per month $268.18 Principal & Interest $175.00 Property Tax $35.15 Homeowner's Insurance

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