1231 Summer Lane, Jackson MS

Unique Offering! This property, offered at $119,900 is tenanted by a Tenant-Buyer, who has an option to purchase this home in two years for $142,890! This ‘built in exit strategy’ provides a 101% cash on cash return in less than 2 years when the option is exercised and the tenant buys the property from you. Better yet, the tenant has paid a $2200 down payment on the property for the option rights; these funds are non-refundable and are transferred to you at closing. Newly renovated, this home features over 1548 sq ft of living space with 3 bedrooms, 2 baths, kitchen, dining room, living room, fireplace, laundry room and a 2 car carport.  The home comes complete with central heat and air. The tenant pays for all utilities and the first $1000 of any maintenance item. Call Jeffrey King today for more details…760-716-5158.