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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 720 Catalpa St, Clarksdale, MS, 38614 offers a 11.93% rental yield on a $164,900 purchase with $1,639/mo rent. Total monthly income registers $1,639/mo, and a $807/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,560/yr on $54,664 to close, and return on cash invested stands at 33.74% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 176.9% and total cumulative return in cash at $96,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,639/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,840 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: Jay W McMiller • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4132761
