111 Leflore AveClarksdaleMS38614
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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 Clarksdale at 111 Leflore Ave, Clarksdale, MS, 38614 priced at $410,000 converts $4,099/mo rent into $1,590/mo cash flow after a $2,007/mo obligation. Total monthly income equals $4,099/mo, and annual cash flow totals $19,077/yr on $135,915 invested. Return on cash invested prints 33.94% in year one, and rental yield reads 12% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 178.02% and total cumulative return in cash sums $241,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,099/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38614, Clarksdale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,028 (100%) |
| Owner Occupied HU | 3,686 (45.9%) |
| Renter Occupied HU | 2,975 (37.1%) |
| Vacant Housing Units | 1,367 (17.0%) |
| Median Home Value | $102,066 |
| Average Home Value | $151,463 |
Housing Distribution
Address Breakdown
Residential
7,372
Single Family
6,055
Multi-Family
1,317
Businesses
1,101
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Listed by: Jones Luster • Mossy Oak Properties Bottomlan
Mls Name: MLS United
Mls ID: #4087187