929 School StClarksdaleMS38614
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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 929 School St, Clarksdale, MS, 38614 earns $313/mo cash flow from $1,182/mo rent with a $695/mo payment. Total monthly income totals $1,182/mo, and annual cash flow totals $3,758/yr on $47,040 capital. ROI tracks 27.9% on current figures, and rental yield reads 10% at a $141,900 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,204 over five years. Five-year ROI reaches 145.68% and total cumulative return in cash sums $68,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,182/mo property income instead of your personal income.
Single Family
Built in 1950
6,534 sqft 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: Jay W McMiller • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4133052