307 Heathman AveIndianolaMS38751
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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 307 Heathman Ave, Indianola, MS, 38751 offers a 9.37% rental yield on a $170,000 purchase with $1,327/mo rent. Total monthly income registers $1,327/mo, and a $832/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,441/yr on $56,355 to close, and return on cash invested stands at 26.01% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 135.51% and total cumulative return in cash at $76,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,327/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.47 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: Dexter D Jones • Trust Realty Group
Mls Name: MLS United
Mls ID: #4110751
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.