Metropolitan Area

Indianola, MS

Mississippi0
46
/100
Hold
#783 of 894 metros
Top 87% nationally for investing

Market Snapshot

$93,278
Median Home Price
63% below national median
$5,503/mo
Est. Rent
Based on regional data
5.90%
Rent-to-Price Ratio
Estimated from price data
-$489
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
2/100

Based on -12.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
100/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-12.0% YoY)
  • -Negative cash flow at typical financing (-$489/mo)
  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in Indianola, MS

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Palestine, TX
Palestine, TX
66$218,792$1,3777.55%BuyView
Mount Pleasant, MI
Mount Pleasant, MI
66$230,989$1,0235.31%BuyView
Rio Grande City, TX
Rio Grande City, TX
66$145,773Est.BuyView
Palatka, FL
Palatka, FL
66$220,763$1,3157.15%BuyView
Evanston, WY
Evanston, WY
66$333,754Est.BuyView
Current
Indianola, MS
46$93,278Est.Hold

The Bottom Line

HoldIndianola, MS is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Indianola, MS metro area scores 46/100, ranking #783 of 894 US metros (top 87%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-489/mo
Cap Rate
0.0%
Cash-on-Cash
-31.5%

Ready to Invest in Indianola, MS?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.