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.