1014 Laurelwood DrClintonMS39056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clinton at 1014 Laurelwood Dr, Clinton, MS, 39056 priced at $224,000 pairs $1,540/mo rent with $170/mo cash flow after a $1,096/mo payment. Total monthly income equals $1,540/mo, and annual cash flow comes to $2,035/yr on $74,256 invested. Return on cash invested is 22.65% in year one, and rental yield stands at 8.25% on a $224,000 basis. Equity gained on principal adds $1,445/yr, and 5% annual appreciation accumulates to $61,887 by year five. Five-year ROI measures 117.46% and total cumulative return in cash reaches $87,223. For financing, Ziffy Mortgage’s DSCR program evaluates $1,540/mo property income against a $1,096/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39056, Clinton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,355 (100%) |
| Owner Occupied HU | 7,727 (68.0%) |
| Renter Occupied HU | 2,851 (25.1%) |
| Vacant Housing Units | 777 ( 6.8%) |
| Median Home Value | $239,627 |
| Average Home Value | $269,548 |
Housing Distribution
Address Breakdown
Residential
11,395
Single Family
9,741
Multi-Family
1,654
Businesses
665
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Listed by: Krishna N Boone • Favor Realty LLC
Mls Name: MLS United
Mls ID: #4083675
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.