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1716 Smallwood Street, Jackson, MS 39212
$104,900
Property Type:
Residential
Bedrooms:
3
Square Footage:
1,490
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$104,900
List Date:
10/11/2025
Last Modified:
3/28/2026
Description
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.
More Information MLS# 4128399
Address and Location Information
Parcel Number: 0838-0256-000
Community Of: N/A
Street Number: 1716
Street Name: Smallwood
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39212
Subdivision: Oak Forest
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-10-10
List Price: $104,900
Current Price: $104,900
General Property Information
New Construction: No
Property Condition: Move In Ready
Approx Lot Size Acres: 0.25
SqFt Source: Appraiser
List Price/SqFt: 70.4
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 2
Total Floors: 1
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: No
Pool: No
School District: Jackson Public
Elementary School: Oak Forest
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Cardoza Middle
High School: Murrah
Home Warranty: No
Accessibility Features: No
Property Sub Type: Single Family Residence
Approx H/C SqFt: 1490
Year Built: 1964
Bedrooms Total: 3
Bathrooms Full: 2
Tax and Financial Information
Tax Annual Amount: 1337
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 13 BLK X OAK FOREST SUBN PT 15
Remarks & Miscellaneous
Public Remarks: 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.
Structure Type
House: 1
Architectural Style
Traditional: 1
Lot Features
Fenced: 1
Level: 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 Available: 1
Sewer Connected: 1
Appliances
Electric Range: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Wood Siding: 1
Roof
Wood: 1
Exterior Features
None: 1
Fencing
Back Yard: 1
Parking Features
Carport: 1
Property Features
Structure Type: House
Architectural Style: Traditional
Lot Features: Fenced; Level
Levels: One
Appliances: Electric Range
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected; Sewer Available; Sewer Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Bank Loan; Cash; Conventional; FHA
Roof: Wood
Exterior Features: None
Fencing: Back Yard
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.
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