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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 618 Catalpa St, Clarksdale, MS, 38614 at $159,000 posts ROI 33.12% with $580/mo cash flow from $1,553/mo rent. Total monthly income equals $1,553/mo, and annual cash flow records $6,963/yr on $52,709 to close. Return on cash invested measures 33.12% and rental yield reads 11.72% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 173.66% and total cumulative return in cash totals $91,536.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,553/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
9,147 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4133576
