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.
Listed By
Agency Name: Southern Magnolia's Realty
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 478.33 per month $268.18 Principal & Interest $175.00 Property Tax $35.15 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.
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.