12 Lewis CirIndianolaMS38751
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 Indianola at 12 Lewis Cir, Indianola, MS, 38751 listed at $499,250 pairs $4,440/mo rent with a $2,444/mo payment to leave $1,384/mo cash flow. Total monthly income runs $4,440/mo, and annual cash flow reaches $16,613/yr on $165,501 cash to close. Return on cash invested measures 29.95% in year one, and rental yield registers 10.67% at a $499,250 basis. Equity gained on principal adds $3,222/yr, and annual property appreciation at 5% supports $137,934 by year five. Five-year ROI tracks 156.59% and total cumulative return in cash totals $259,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,440/mo property income relative to a $2,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
3 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: #4117346
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.