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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Clarksdale at 120 Ridgecrest Ln, Clarksdale, MS, 38614 listed at $345,000 pairs $3,295/mo rent with a $1,689/mo payment to leave $1,183/mo cash flow. Total monthly income runs $3,295/mo, and annual cash flow reaches $14,200/yr on $114,368 cash to close. Return on cash invested measures 32.33% in year one, and rental yield registers 11.46% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 169.35% and total cumulative return in cash totals $193,684. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,295/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38614, Clarksdale, MS area.
| 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 |
Residential
7,372
Single Family
6,055
Multi-Family
1,317
Businesses
1,101
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Harvey L Fiser • Hal Fiser Agency
Mls Name: MLS United
Mls ID: #4089364
