1312 King StClarksdaleMS38614
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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
Rental property for sale in Clarksdale at 1312 King St, Clarksdale, MS, 38614 generates $802/mo in rent and, after a $499/mo payment, leaves $178/mo in cash flow. Total monthly income is $802/mo, and annual cash flow is $2,137/yr on $33,813 invested. Return on cash invested sits at 26.23% in year one, and rental yield is 9.44% on a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 136.76% and total cumulative return in cash sums $46,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $802/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
10,454 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: #4118568