2492 Stovall RdClarksdaleMS38614
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 Clarksdale at 2492 Stovall Rd, Clarksdale, MS, 38614 at $350,000 posts ROI 27.6% with $743/mo cash flow from $2,885/mo rent. Total monthly income equals $2,885/mo, and annual cash flow records $8,919/yr on $116,025 to close. Return on cash invested measures 27.6% and rental yield reads 9.89% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 144% and total cumulative return in cash totals $167,078.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,885/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
1.59 Acres 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: Ford True • Smalltown Hunting Properties &
Mls Name: MLS United
Mls ID: #4095083
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.