314 S Leflore AveClevelandMS38732
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 Cleveland at 314 S Leflore Ave, Cleveland, MS, 38732 at $169,000 posts ROI 25.24% with $249/mo cash flow from $1,283/mo rent. Total monthly income equals $1,283/mo, and annual cash flow records $2,988/yr on $56,024 to close. Return on cash invested measures 25.24% and rental yield reads 9.11% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 131.31% and total cumulative return in cash totals $73,567.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,283/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby A Abernathy • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4128679