103 Royal CtClintonMS39056
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 103 Royal Ct, Clinton, MS, 39056 priced at $248,000 converts $2,290/mo rent into $772/mo cash flow after a $1,214/mo obligation. Total monthly income equals $2,290/mo, and annual cash flow totals $9,266/yr on $82,212 invested. Return on cash invested prints 31.18% in year one, and rental yield reads 11.08% against a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation compiles into $68,518 by year five. Five-year ROI reaches 163.24% and total cumulative return in cash sums $134,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,290/mo property income covering a $1,214/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark A McNeece • Godfrey Realty Group
Mls Name: MLS United
Mls ID: #4118589