607 W 2nd St, Clarksdale, MS, 38614 | $843/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

607 W 2nd St, Clarksdale, MS, 38614 | $843/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
3927 sft

433 Thompson Rd, Gunnison, MS, 38746

3 Bed
2 Bath
2680 sft

108 Chancellorsville Ln, Clarksdale, MS, 38614

3 Bed
3 Bath
2510 sft

227 Shaw Cv, Clarksdale, MS, 38614

Nearby investment properties with comparable prices

2 Bed
2 Bath
2412 sft

590 Eubanks Rd, Alligator, MS, 38720

3 Bed
2 Bath
2680 sft

108 Chancellorsville Ln, Clarksdale, MS, 38614

3 Bed
2 Bath
2353 sft

14 Fava St, Alligator, MS, 38720

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Clarksdale at 607 W 2nd St, Clarksdale, MS, 38614 uses $76,212 cash to close to unlock $10,120/yr annual cash flow and $843/mo monthly cash flow. Total monthly income runs $2,250/mo, and a $1,125/mo payment keeps the spread at $843/mo. Purchase price stands at $229,900, and rental yield measures 11.74% with $2,250/mo rent. Return on cash invested shows 33.19% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 174% and total cumulative return in cash records $132,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,125/mo payment rather than investor’s personal income.

Single Family

Built in 1940

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

FALL IN LOVE with this Extraordinary Tudor Revival Brick Home with incredible character and charm! 5 BR, 4.5 Bath; on a half acre landscaped lot. The grand entrance leads you into a very spacious main floor, including a sweeping wrought iron staircase, gorgeous sunroom with french doors on 3 sides and beautiful tile floor, Massive Living Room with Gas Fireplace, Banquet Sized Formal Dining Room, Charming Wallpapered Breakfast Room with Built in China Cabinet, Large Kitchen with Cabinets Galore, Main Floor Master BR with Full Bath. The Second Floor has a large common Hallway, A second Master Bedroom with Private Full bath and Private Balcony, Two additional Bedrooms and 1 Additional Full bath. Throughout the home, there are so many special features: High Ceilings, Original Woodwork, Textured Plaster Walls, Built-ins, Crown Moulding, Hardwood Floors, Stunning All original Vintage Bathrooms, etc. There is a large walk-down Basement. Outside, there is a Studio Cottage Guest House with Full Bath, Kitchenette, Small Porch, and a large Walk-in Closet. In addition, there is a 1 Car Garage with a 1/2 Bath. Central Heat and Air, Updated Electric, Clay Tile Roof. Yard is mostly fenced, is beautifully landscaped, and sits on a gorgeous corner lot just blocks from Downtown Clarksdale. An in-ground pool would be the perfect accoutrement for this lavish, very private backyard. This stately home has been a rental in its' past, and now awaits you and new memories to be made!

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