103 Seymour DrIndianolaMS38751
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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
Rental property for sale in Indianola at 103 Seymour Dr, Indianola, MS, 38751 priced at $230,000 converts $1,998/mo rent into $590/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,998/mo, and annual cash flow totals $7,083/yr on $76,245 invested. Return on cash invested prints 29.2% in year one, and rental yield reads 10.42% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 152.61% and total cumulative return in cash sums $116,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,998/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38751, Indianola, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,338 (100%) |
| Owner Occupied HU | 2,444 (56.3%) |
| Renter Occupied HU | 1,468 (33.8%) |
| Vacant Housing Units | 426 ( 9.8%) |
| Median Home Value | $121,172 |
| Average Home Value | $170,613 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
3,827
Multi-Family
206
Businesses
596
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Listed by: Jackie Fratesi • Charles F. Davis Construction & Real Estate
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104379