218 Mount Salus RdClintonMS39056
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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 218 Mount Salus Rd, Clinton, MS, 39056 offers a 9.28% rental yield on a $299,900 purchase with $2,320/mo rent. Total monthly income registers $2,320/mo, and a $1,468/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,816/yr on $99,417 to close, and return on cash invested stands at 25.76% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 134.12% and total cumulative return in cash at $133,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,320/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.92 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: Jennifer Dougherty • Maselle & Associates Inc
Mls Name: MLS United
Mls ID: #4091269
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.