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.
Property Details
Price:
$120,500
MLS #:
4128392
Status:
Active
Beds:
3
Baths:
2
Address:
5389 Cedar Park Drive
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cedar Park
City:
Jackson
Listed Date:
Oct 10, 2025
State:
MS
Finished Sq Ft:
1,637
Total Sq Ft:
1,637
ZIP:
39206
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1966
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Schools
School District:
Jackson Public
Elementary School:
Boyd,N/A
Middle School:
Bailey APAC,N/A
High School:
Murrah
Interior
Appliances
Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Heating
Central
Exterior
Architectural Style
Traditional
Construction Materials
Brick
Exterior Features
None
Parking Features
Carport
Roof
Asphalt
Financial
Taxes
$2,100
Map
Community
- Address5389 Cedar Park Drive Jackson MS
- SubdivisionCedar Park
- CityJackson
- CountyHinds
- Zip Code39206
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5389 Cedar Park Drive
Jackson, MS
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