2008 W Northside DrClintonMS39056
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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 2008 W Northside Dr, Clinton, MS, 39056 uses $42,962 cash to close to unlock $2,343/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $988/mo, and a $634/mo payment keeps the spread at $195/mo. Purchase price stands at $129,600, and rental yield measures 9.15% with $988/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $35,806 over five years. Five-year ROI reaches 132.08% and total cumulative return in cash records $56,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $634/mo payment rather than investor’s personal income.
Single Family
Built in 1980
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
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Listed by: Trent Butler • Harper Homes Real Estate LLC
Mls Name: MLS United
Mls ID: #4132628