Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 2-bathroom single family at 1716 Smallwood Street in Jackson, MS is listed for $104,900 ($70 per sqft). Built in 1964, the home offers 1,490 sqft of living space on a 0.25 acres lot.
Investor Opportunity - Turnkey Rental with Strong Yield | Price Repositioned 1716 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 income 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.
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.
Key Features
- Built in 1964
- 0.25 acre lot
Property Details
Amenities
Monthly Cost Estimate
$561/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1716 Smallwood Street
Jackson, MS 39212
Oak Forest
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1716 Smallwood Street is listed at $104,900 ($70/sqft). The estimated monthly payment is $455 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 0.25 acre lot.
This property is listed by Suzanne Foster and can be reached at 7694288100 or suzanne@southernmagnoliasrealty.com.
