1207 Cherry Stone CirClintonMS39056
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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
Investment property for sale in Clinton at 1207 Cherry Stone Cir, Clinton, MS, 39056 with 5% annual appreciation on a $159,900 basis while $1,234/mo rent supports operations. Total monthly income totals $1,234/mo and a $783/mo payment preserves $255/mo for cash returns. Annual cash flow comes to $3,061/yr on $53,007 deployed, and return on cash invested reaches 25.68% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.26%. Five-year ROI measures 133.81% and total cumulative return in cash totals $70,926.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,234/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
8,276 sqft 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: Ryan Porter • NextHome Realty Experience
Mls Name: MLS United
Mls ID: #4101995
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.