Great investment opportunity! This tenant-occupied property offers immediate rental income of $1,000 per month. Recent improvements include fresh interior and exterior paint, new fixtures throughout, and electrical upgrades. With several updates already completed and a tenant in place, this property offers an opportunity for investors looking to add a cash-flowing rental to their portfolio. Currently rented for $1,000/month.
Broadmoor, located between Northside Drive and Meadowbrook Road, is a residential and suburban Jackson neighborhood with curving streets and mid-century ranch homes. The neighborhood’s character concentrates around the Northside Drive corridor near Meadowbrook Road, where low-slung storefronts and local eateries set a steady, everyday rhythm. Brick facades, deep setbacks, and mature trees shape a calm streetscape. Nearby green space and walking loops support an outdoors-forward routine. Community pillars include Brent’s Drugs, the Mississippi Museum of Natural Science, and the Mississippi Agriculture and Forestry Museum, tying the area to Jackson’s classic institutions.
Provided by Walk Score and Local Logic
Market insights
764 Launcelot Rd · $70,000
DAYS ON MARKET
1 days
The average home goes pending in 46 days.
SALE-TO-LIST
93.4%
Most homes are selling 7% below list price.
LIST PRICE
$70,000
Median sale price in this area is $162,664. (132% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Bathrooms
1 full bathroom
Kitchen
Electric cooktop
Flooring
Hardwood flooring
Heating & cooling
Central heating
Natural gas heating
Central air
Home design
Single-family residence
One story
Parking
Driveway
Carport
Construction
Three-tab shingle roof
Conventional foundation
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 19 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Jackson, MS • 39206
Average low and high temperatures (°F)
54
35
65
44
75
53
80
60
81
65
88
73
93
75
90
72
88
68
81
58
72
52
62
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Jackson. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 764 Launcelot Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
More resources
Rental earnings
Est. $1,006 per month, based on comparable rentals