6 Morningside DrIndianolaMS38751
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6 Morningside Dr, Indianola, MS, 38751 in Indianola deserves attention. This $279,500 property earns $2,557/mo in rent, a 10.98% gross yield, and nets $847/mo after the $1,257/mo payment. DSCR 2.03 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $77,221 compounds alongside $2,574/yr in yearly equity build, for a total cumulative return of $160,373.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $847 | $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 | $2,557 |
| Total Monthly Debt Service | $1,599 |
| DSCR Ratio | 1.60x |
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.
Single Family
Built in 1960
0.64 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
Single Family
Built in 1960
0.64 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: #4117148