112 Leflore AveClarksdaleMS38614
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
Investment property for sale in Clarksdale at 112 Leflore Ave, Clarksdale, MS, 38614 earns $235/mo cash flow from $1,030/mo rent with a $636/mo payment. Total monthly income totals $1,030/mo, and annual cash flow totals $2,817/yr on $43,095 capital. ROI tracks 26.45% on current figures, and rental yield reads 9.51% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash sums $59,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,030/mo property income instead of your personal income.
Single Family
Built in 1941
7,405 sqft 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: #4087609
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.