Is Florence, MS a good place to invest in rental property?

Florence, MS has a median modeled monthly cash flow of $-921 and a median cap rate of 2.6%, on a median sold price of $249,900. Prices changed +1.9% year over year.

What is the average cap rate in Florence, MS?

The median cap rate across recently sold homes in Florence, MS is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Florence, MS?

The median sold price in Florence, MS is $249,900 (about $164 per square foot).

Investing in Florence, MS Real Estate

A data-driven snapshot of the Florence, MS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$249,900Median sold price

$164Median $/sqft

2.6%Median cap rate

$-921Modeled cash flow / mo

+1.9%Appreciation YoY

6.2Months of supply

64Active listings

124Sold (last 12 mo)

What the Florence numbers say

In Florence, MS, the median home sold for $249,900 (about $164 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-921 of monthly cash flow. Sold prices moved +1.9% over the past year. Inventory sits at about 6.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Mississippi markets to compare

See Florence cash-flowing listings

CashFlowRE ranks every for-sale home in Florence, MS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Florence deals, or browse the national market data.