








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cleveland at 1109 N Yale St, Cleveland, MS, 38732 uses $34,476 cash to close to unlock $5,285/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $1,196/mo, and a $509/mo payment keeps the spread at $440/mo. Purchase price stands at $104,000, and rental yield measures 13.8% with $1,196/mo rent. Return on cash invested shows 35.24% in year one, and 5% annual appreciation builds toward $28,733 over five years. Five-year ROI reaches 186.53% and total cumulative return in cash records $64,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,196/mo property income covering a $509/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $104,000 |
| 2025-09-04 | Listing removed | $108,000 |
| 2025-05-20 | Price change | $108,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $2127.10 | -0.78% | $12,536 | N/A |
| 2023-09-23 | $2143.90 | 2.92% | $12,536 | N/A |
| 2022-09-23 | $2083.10 | 5.06% | $12,536 | 5.45% |



Listed by: Nathaniel D Wilds • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4125974
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.