5389 Cedar Park Drive Jackson, MS $ 120,500
5389 Cedar Park Drive
$ 120,500
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5389 Cedar Park Drive

Jackson, MS, 39206
$ 120,500
Bedrooms3 Baths2.0 Sq 1,637

Monthly Estimate*

$ 742

5389 Cedar Park Drive, Jackson, MS 39206 - Image 1

Single Family Home for sale in Jackson, MS

for $120,500 with 3 bedrooms and 2 full baths. This 1,637 square foot home was built in 1966 on a lot size of 0.3.

Turnkey Investment Opportunity - Tenant-Occupied | Strong Yield | Price Positioned for Returns 5389 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 acquisition Tenant-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.

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Single Family Active

Price

$ 120,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,100

Style

Traditional

Lot Size

0.3

Year Built

1966

Town/City

Jackson

County/Region

Hinds

MLS | Web ID

4128392

Features
General
Property Subtype Single Family Residence
Tax Year 2024
County Hinds
Property Type Residential
Subdivision Name Cedar Park
Status Active
City Jackson
Lot Size Units Acres
Lot Size Square Feet 13068
Standard Status Active
Heating Central
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick
Year Built 1966
New Construction false
Attached Garage false
Total Rooms 0
High School Murrah
Elementary School Boyd
Middle/Junior High School Bailey APAC
Sewer Public Sewer
Structure Type House
Levels One
Utilities Electricity Connected Sewer Connected Water Connected
Cooling Central Air
Roof Asphalt Shingle
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Interior
Total Baths 2
Heating Y/N true
Fireplace Features Great Room
Air Conditioning Y/N true
Fireplace Y/N true
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Exterior
Lot Size Area 0.3
Lot Size Acres 0.3
Parking Features Carport
Lot Features Level
Water Source Public
Building Area Total 1637
Exterior Amenities None
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* Excluded Features
List By
Suzanne Foster

Listing Agent

Southern Magnolia's Realty

Broker

suzanne@southernmagnoliasrealty.com

Email

Affordability Calculator

$917
Per Month
81%
19%
0%
Monthly Principal & Interest
$742
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2156676 Elementary School
0 Middle School
Murrah High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2026$120,500 -1.23% Price Down
2/18/2026$122,000 Listed Price

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5389 Cedar Park Drive, Jackson, MS, 39206 is a Single Family Home for sale at $120,500 with 1,637 sqft and a lot size of 0.3. 5389 Cedar Park Drive has 3 bedrooms, 2.0 baths, and was built in 1966. The property's zip code is 39206 which is in Jackson, MS