1524 Dianne Drive, Jackson, MS 39204

$89,995
Property Type: Residential Bedrooms: 3 Square Footage: 1,199 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $89,995 List Date: 10/11/2025 Last Modified: 3/28/2026

Description

Welcome to 1524 Dianne Drive, a well-maintained 3-bedroom, 1.5-bath home offering approximately 1,199 square feet of living space, currently generating reliable rental income. The property is tenant-occupied and rented for $1,050 per month, providing immediate cash flow from day one for the new owner. Inside, the home features a comfortable and functional floor plan, including a spacious living area, a practical kitchen with ample cabinet space, and well-sized bedrooms suited for long-term tenancy. The layout supports consistent rental demand from tenants seeking affordability and convenience. Located in an established Jackson neighborhood with easy access to schools, shopping, and major commuter routes, this property continues to attract stable, long-term tenants. Key Investor Metrics • Current Rent: $1,050/month • Annual Rent: $12,600 • List Price: $89,995 • Estimated Gross Yield: ~14.0% Currently rented for $1,050/month ($12,600 annually), representing a potential gross yield of approximately 14% at the current list price--an attractive return for investors seeking stable, in-place income. Additional Notes This is a true turnkey investment with income already in place, making it ideal for investors seeking immediate returns without lease-up risk. Seller owns multiple rental properties in the Jackson area and may consider selling additional properties individually or as part of a small portfolio.

More Information MLS# 4128405

Address and Location Information

Parcel Number: 0630-0405-000 Community Of: N/A Street Number: 1524 Street Name: Dianne Street Suffix: Drive County: Hinds State: MS Zip Code: 39204 Subdivision: Westgate Park

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-10-10 List Price: $89,995 Current Price: $89,995

General Property Information

New Construction: No Approx Lot Size Acres: 0.26 SqFt Source: Appraiser List Price/SqFt: 75.06 Year Built Source: Public Records Garage Spaces: 0 Carport Spaces: 2 Total Floors: 1 Bathrooms Half: 1 Bathrooms Three Quarter: 0 Fireplace: No Pool: No School District: Jackson Public Elementary School: Marshall Elementary School 2: N/A Intermediate School: N/A Middle or Junior School: Cordova High School: Wingfield Home Warranty: No Accessibility Features: No Property Sub Type: Single Family Residence Approx H/C SqFt: 1199 Year Built: 1960 Bedrooms Total: 3 Bathrooms Full: 1

Tax and Financial Information

Tax Annual Amount: 1194 Tax Year: 2024 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: LOT 160 WESTGATE PARK SUB PT 2

Remarks & Miscellaneous

Public Remarks: Welcome to 1524 Dianne Drive, a well-maintained 3-bedroom, 1.5-bath home offering approximately 1,199 square feet of living space, currently generating reliable rental income. The property is tenant-occupied and rented for $1,050 per month, providing immediate cash flow from day one for the new owner. Inside, the home features a comfortable and functional floor plan, including a spacious living area, a practical kitchen with ample cabinet space, and well-sized bedrooms suited for long-term tenancy. The layout supports consistent rental demand from tenants seeking affordability and convenience. Located in an established Jackson neighborhood with easy access to schools, shopping, and major commuter routes, this property continues to attract stable, long-term tenants. Key Investor Metrics • Current Rent: $1,050/month • Annual Rent: $12,600 • List Price: $89,995 • Estimated Gross Yield: ~14.0% Currently rented for $1,050/month ($12,600 annually), representing a potential gross yield of approximately 14% at the current list price--an attractive return for investors seeking stable, in-place income. Additional Notes This is a true turnkey investment with income already in place, making it ideal for investors seeking immediate returns without lease-up risk. Seller owns multiple rental properties in the Jackson area and may consider selling additional properties individually or as part of a small portfolio.

Structure Type

House: 1

Architectural Style

Traditional: 1

Levels

One: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Bank Loan: 1 Cash: 1 Conventional: 1 FHA: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Appliances

Electric Range: 1

Cooling

Central Air: 1

Heating

Central: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Wood Siding: 1

Roof

Asphalt: 1

Exterior Features

None: 1

Parking Features

Carport: 1

Property Features

Structure Type: House Architectural Style: Traditional Levels: One Appliances: Electric Range Cooling: Central Air Heating: Central Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA Roof: Asphalt Exterior Features: None Parking Features: Carport
Listing Office: Southern Magnolia's Realty
Listing Agent: Suzanne Foster
Last Updated: March - 28 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.