309 Florence AveClarksdaleMS38614
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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
Rental property for sale in Clarksdale at 309 Florence Ave, Clarksdale, MS, 38614 priced at $105,000 pairs $804/mo rent with $161/mo cash flow after a $514/mo payment. Total monthly income equals $804/mo, and annual cash flow comes to $1,936/yr on $34,808 invested. Return on cash invested is 25.47% in year one, and rental yield stands at 9.19% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 132.67% and total cumulative return in cash reaches $46,178. For financing, Ziffy Mortgage’s DSCR program evaluates $804/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.82 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: Deborah D Luster • Hal Fiser Agency
Mls Name: MLS United
Mls ID: #4110233
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.