117 Heatherlynn CirClintonMS39056
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 117 Heatherlynn Cir, Clinton, MS, 39056 generates $2,413/mo in rent and, after a $1,199/mo payment, leaves $914/mo in cash flow. Total monthly income is $2,413/mo, and annual cash flow is $10,967/yr on $81,218 invested. Return on cash invested sits at 33.41% in year one, and rental yield is 11.82% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 175.14% and total cumulative return in cash sums $142,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
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: David Stevens II • Century 21 David Stevens
Mls Name: MLS United
Mls ID: #4069459
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.