5389 Cedar Park Drive, Jackson, MS 39206
Local realty services provided by:Better Homes and Gardens Real Estate Expect Realty
5389 Cedar Park Drive,Jackson, MS 39206
$120,500
- 3 Beds
- 2 Baths
- 1,637 sq. ft.
- Single family
- Active
Listed by: suzanne foster
Office: southern magnolia's realty
MLS#:4128392
Source:MS_UNITED
Price summary
- Price:$120,500
- Price per sq. ft.:$73.61
About this home
Turnkey Investment Opportunity - Tenant-Occupied | Strong Yield | Price Positioned for Returns
5389 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 acquisition
Tenant-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....
Contact an agent
Home facts
- Year built:1966
- Listing ID #:4128392
- Added:176 day(s) ago
- Updated:April 05, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,637 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1966
- Building area:1,637 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Level
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Murrah
- Middle school:Bailey APAC
- Elementary school:Boyd
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$120,500
- Price per sq. ft.:$73.61
- Tax amount:$2,100 (2024)
Parking
- Parking description:Carport
- Carport spaces:2
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