300 Monterey DrClintonMS39056
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 Clinton at 300 Monterey Dr, Clinton, MS, 39056 at $449,500 posts ROI 31.24% with $1,407/mo cash flow from $4,166/mo rent. Total monthly income equals $4,166/mo, and annual cash flow records $16,884/yr on $149,009 to close. Return on cash invested measures 31.24% and rental yield reads 11.12% at the current $449,500. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 by year five. Five-year ROI prints 163.57% and total cumulative return in cash totals $243,737.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.25 Acres lot
$N/A/sqft
$100 annually 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: Colby Berry • Keller Williams
Mls Name: MLS United
Mls ID: #4094947
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.