120 Trace Pointe PlClintonMS39056
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 Clinton at 120 Trace Pointe Pl, Clinton, MS, 39056 at $374,900 posts ROI 24.06% with $430/mo cash flow from $2,724/mo rent. Total monthly income equals $2,724/mo, and annual cash flow records $5,157/yr on $124,279 to close. Return on cash invested measures 24.06% and rental yield reads 8.72% at the current $374,900. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 by year five. Five-year ROI prints 125% and total cumulative return in cash totals $155,347.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Sandidge • Godfrey Realty Group
Mls Name: MLS United
Mls ID: #4074361
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.