605 Herndon HlClintonMS39056
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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 605 Herndon Hl, Clinton, MS, 39056 uses $91,163 cash to close to unlock $11,258/yr annual cash flow and $938/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $1,346/mo payment keeps the spread at $938/mo. Purchase price stands at $275,000, and rental yield measures 11.44% with $2,621/mo rent. Return on cash invested shows 32.26% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 169.03% and total cumulative return in cash records $154,091. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No 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: David W Stevens • Century 21 David Stevens
Mls Name: MLS United
Mls ID: #4122388
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.