8697 Clark AveSouthavenMS38672
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
Investment property for sale in Southaven at 8697 Clark Ave, Southaven, MS, 38672 at $300,000 posts ROI 29.57% with $801/mo cash flow from $2,657/mo rent. Total monthly income equals $2,657/mo, and annual cash flow records $9,608/yr on $99,450 to close. Return on cash invested measures 29.57% and rental yield reads 10.63% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 154.65% and total cumulative return in cash totals $153,804.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,657/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
10,018 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38672, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,831 (100%) |
| Owner Occupied HU | 5,849 (85.6%) |
| Renter Occupied HU | 714 (10.5%) |
| Vacant Housing Units | 268 ( 3.9%) |
| Median Home Value | $327,503 |
| Average Home Value | $356,143 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
6,703
Multi-Family
16
Businesses
414
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Nearby investment properties with comparable prices
Listed by: Kenneth Woods • Regency Realty, Llc
Mls Name: MLS United
Mls ID: #4095177
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.