5389 Cedar Park Dr Jackson, MS 39206
North Jackson NeighborhoodEstimated payment $819/month
Total Views
44,906
3
Beds
2
Baths
1,637
Sq Ft
$74
Price per Sq Ft
Highlights
- 1-Story Property
- Level Lot
- Heating Available
- Central Air
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,100
Year Built
- Built in 1966
Lot Details
- 13,068 Sq Ft Lot
- Level Lot
Parking
- 2 Carport Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,637 Sq Ft Home
- 1-Story Property
- Sheet Rock Walls or Ceilings
- Great Room with Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Boyd Elementary School
- Bailey Apac Middle School
- Murrah High School
Utilities
- Central Air
- Heating Available
- Water Heater
Community Details
- Cedar Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 0500-1318-000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,100 | $11,085 | $3,750 | $7,335 |
| 2024 | $2,100 | $10,865 | $3,750 | $7,115 |
| 2023 | $2,100 | $10,865 | $3,750 | $7,115 |
| 2022 | $2,091 | $10,865 | $3,750 | $7,115 |
| 2021 | $2,091 | $10,865 | $3,750 | $7,115 |
| 2020 | $2,067 | $10,805 | $3,750 | $7,055 |
| 2019 | $2,069 | $10,805 | $3,750 | $7,055 |
| 2018 | $2,046 | $10,805 | $3,750 | $7,055 |
| 2017 | $2,184 | $10,725 | $3,750 | $6,975 |
| 2016 | $2,184 | $11,838 | $3,750 | $8,088 |
| 2015 | $2,087 | $11,657 | $3,750 | $7,907 |
| 2014 | $2,084 | $11,657 | $3,750 | $7,907 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2026 02/22/26 | Price Changed | $120,500 | -1.2% | $74 / Sq Ft | |
| 10/10/2025 10/10/25 | For Sale | $122,000 | +306.7% | $75 / Sq Ft | |
| 07/13/2016 07/13/16 | Sold | -- | -- | -- | View Prior Sale |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- | |
| 05/26/2016 05/26/16 | For Sale | $30,000 | -- | $18 / Sq Ft |
Source: MLS United
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $37,000 | -- |
Source: Public Records
About the Listing Agent
Suzanne's Other Listings
Source: MLS United
MLS Number: 4128392
APN: 0500-1318-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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