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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Clarksdale at 381 Clark St, Clarksdale, MS, 38614 at $162,000 posts ROI 21.69% with $80/mo cash flow from $1,223/mo rent. Total monthly income equals $1,223/mo, and annual cash flow records $958/yr on $53,703 to close. Return on cash invested measures 21.69% and rental yield reads 9.06% at the current $162,000. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 by year five. Five-year ROI prints 113.55% and total cumulative return in cash totals $60,977.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,223/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38614, Clarksdale, MS area.
| 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 |
Residential
7,372
Single Family
6,055
Multi-Family
1,317
Businesses
1,101
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Listed for sale | $162,000 |
| 2020-12-01 | Listing removed | $89,000 |
| 2020-07-14 | Price change | $89,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $2906.03 | -0.32% | $12,941 | N/A |
| 2022-11-11 | $2915.35 | 5.26% | $12,941 | 3.13% |
| 2021-11-11 | $2769.72 | -3.51% | $12,548 | -3.51% |
Listed by: Deborah D Luster • Hal Fiser Agency
Mls Name: MLS United
Mls ID: #4095386
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
