130 Lee 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
Rental property for sale in Indianola at 130 Lee Cir, Indianola, MS, 38751 priced at $123,500 pairs $974/mo rent with $219/mo cash flow after a $604/mo payment. Total monthly income equals $974/mo, and annual cash flow comes to $2,625/yr on $40,940 invested. Return on cash invested is 26.32% in year one, and rental yield stands at 9.46% on a $123,500 basis. Equity gained on principal adds $797/yr, and 5% annual appreciation accumulates to $34,121 by year five. Five-year ROI measures 137.15% and total cumulative return in cash reaches $56,150. For financing, Ziffy Mortgage’s DSCR program evaluates $974/mo property income against a $604/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.26 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: #4124617