Metropolitan Area

Meridian, MS

Mississippi0
74
/100
Buy
#112 of 894 metros
Top 12% nationally for investing

Market Snapshot

$124,819
Median Home Price
51% below national median
$1,355/mo
Median Rent
2% below national median
13.03%
Rent-to-Price Ratio
Top 1% nationally
+$226
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

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20%
5%50%100%

Purchase

Purchase Price$124,819
Down Payment (20%)$24,964
Loan Amount$99,855
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,355
Monthly P&I-$654
Est. Expenses (35%)-$474
Net Cash Flow+$227/mo
8.5%
Cap Rate (all cash)
9.5%
Cash-on-Cash Return
13.03%
Rent-to-Price Ratio

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
74/100
74
Cash Flow(30%)
100/100

Based on 13.03% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
47/100

Based on -1.0% 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

  • +Above-average rent-to-price ratio (13.03%)
  • +Positive cash flow potential (+$226/mo)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-1.0% YoY)

Counties in Meridian, MS

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Current
Meridian, MS
74$124,819$1,35513.03%Buy

Rent vs buy in this metro

Rent vs buy in Meridian, MSMedian $122,775 · rent $1,196/mo

The Bottom Line

BuyMeridian, MS offers solid investment potential with good cash flow or appreciation prospects.

The Meridian, MS metro area scores 74/100, ranking #112 of 894 US metros (top 12%). The 13.03% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential across the metro. At current rates with 20% down, a median-priced property could generate approximately $226/month in cash flow.

Monthly Cash Flow
+$226/mo
Cap Rate
8.5%
Cash-on-Cash
10.9%

Ready to Invest in Meridian, MS?

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