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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Iuka at 109 E Quitman St, Iuka, MS, 38852 with 5% annual appreciation on a $159,000 basis while $1,252/mo rent supports operations. Total monthly income totals $1,252/mo and a $778/mo payment preserves $279/mo for cash returns. Annual cash flow comes to $3,351/yr on $52,709 deployed, and return on cash invested reaches 26.27% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.45%. Five-year ROI measures 136.92% and total cumulative return in cash totals $72,168.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,252/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38852, Iuka, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,926 (100%) |
| Owner Occupied HU | 3,120 (52.6%) |
| Renter Occupied HU | 1,001 (16.9%) |
| Vacant Housing Units | 1,805 (30.5%) |
| Median Home Value | $156,737 |
| Average Home Value | $202,568 |
Residential
4,824
Single Family
4,805
Multi-Family
19
Businesses
410
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Derrick D Tapp • Tapp Realty, LLC
Mls Name: MAAR
Mls ID: #10208712
