901 Westhaven CirClarksdaleMS38614
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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 Clarksdale at 901 Westhaven Cir, Clarksdale, MS, 38614 uses $35,802 cash to close to unlock $2,264/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $850/mo, and a $529/mo payment keeps the spread at $189/mo. Purchase price stands at $108,000, and rental yield measures 9.44% with $850/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 136.71% and total cumulative return in cash records $48,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $850/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,372
Single Family
6,055
Multi-Family
1,317
Businesses
1,101
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Listed by: Michael Nix • eXp Realty
Mls Name: MLS United
Mls ID: #4128930