The good news is that there is a new recently released jailbreak tweak called Motus, this tweak allows you to use iPhone 6s keyboard trackpad features to older devices.
First and foremost, you’ll need to add Creatix’s beta repo to your list of Cydia sources. His repo is as follows: repo.ioscreatix.com
Once the repo is added, search for the tweak by typing “Motus” in the search bar. Unlike other popular tweaks like SwipeSelection, Motus uses Apple’s built-in trackpad mode, so it works similarly to how it does on compatible iOS 9 devices.
Creatix says that you can use a single-finger swipe on the keyboard to invoke trackpad mode, and while that’s true, you may at times have to engage with a two-finger swipe to jumpstart trackpad mode. I also find that highlighting text isn’t nearly as possible as it is on the iPhone 6s, or even the 3D Touch-less iPad Air 2. Because of the way the trackpad mode is invoked, it makes it difficult at this point to use highlighting at all.
Motus is available for free, and begins working immediately after installation. There or no options or settings that you need to configure in order to start using it. It’s a tweak that needs a little work, but it shows flashes of promise.