811 W Gresham StIndianolaMS38751
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 811 W Gresham St, Indianola, MS, 38751 at $154,572 posts ROI 47.61% with $1,183/mo cash flow from $2,384/mo rent. Total monthly income equals $2,384/mo, and annual cash flow records $14,196/yr on $51,241 to close. Return on cash invested measures 47.61% and rental yield reads 18.51% at the current $154,572. Equity gained on principal adds $997/yr, and 5% annual appreciation supports $42,705 by year five. Five-year ROI prints 253.47% and total cumulative return in cash totals $129,877.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.46 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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Nearby investment properties with comparable prices
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