109 E Percy StIndianolaMS38751
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 109 E Percy St, Indianola, MS, 38751 in Indianola is the 1.50 coverage ratio: rent of $990/mo versus a $662/mo debt payment on a $147,250 property. Rental yield 8.07%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $40,682 by year five, with $1,356/yr in equity from paydown. Total projected cumulative return: $53,693.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(42) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $990 |
| Total Monthly Debt Service | $974 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1945
0.25 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
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
Multi Family
Built in 1945
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emerson Lovelace • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4064131
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.