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

Independence, MS has a median modeled monthly cash flow of $-1,307 and a median cap rate of 2.1%, on a median sold price of $299,450. Prices changed +0.0% year over year.

What is the average cap rate in Independence, MS?

The median cap rate across recently sold homes in Independence, MS is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independence, MS?

The median sold price in Independence, MS is $299,450 (about $169 per square foot).

Investing in Independence, MS Real Estate

A data-driven snapshot of the Independence, 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.

$299,450Median sold price

$169Median $/sqft

2.1%Median cap rate

$-1,307Modeled cash flow / mo

+0.0%Appreciation YoY

4.3Months of supply

32Active listings

90Sold (last 12 mo)

What the Independence numbers say

In Independence, MS, the median home sold for $299,450 (about $169 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,307 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 4.3 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 Independence cash-flowing listings

CashFlowRE ranks every for-sale home in Independence, 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 Independence deals, or browse the national market data.