4420 Ridgewood RdJackson, MS 39211

This exceptional investment opportunity presents a well-maintained, stabilized duplex located in Jackson, Mississippi's desirable Lefleur East District. The property, situated at 4420 Ridgewood Road, boasts a prime location near Highland Village, Maywood Mart, and the District at Eastover, offering convenient access to shopping and dining. This 1966-built, single-story building comprises 1,975 square feet and features two units, each with two bedrooms and one bathroom. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $15,750 annually, representing a 7.00% cap rate. The asking price is $225,000, translating to $113.92 per square foot and $112,500 per unit. The property's strong rental history and location within a growing area make it an attractive investment for those seeking stable cash flow and potential appreciation. Detailed financial information and an offering memorandum for a larger portfolio (including this property) are available upon request. The property's APN is 584-412. Gross monthly rent is $1,880.