706 Pinehurst StClintonMS39056
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
Rental property for sale in Clinton at 706 Pinehurst St, Clinton, MS, 39056 priced at $215,000 pairs $1,455/mo rent with $140/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,455/mo, and annual cash flow comes to $1,676/yr on $71,273 invested. Return on cash invested is 22.26% in year one, and rental yield stands at 8.12% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 115.38% and total cumulative return in cash reaches $82,237. For financing, Ziffy Mortgage’s DSCR program evaluates $1,455/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sabrina Clinton • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4097174
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.