12 Jennifer JctIukaMS38852
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Iuka at 12 Jennifer Jct, Iuka, MS, 38852 offers $1,609/mo rent that, after a $1,096/mo payment, leaves $239/mo cash flow. Total monthly income is $1,609/mo, and annual cash flow is $2,863/yr on $74,256 cash. Return on cash invested measures 23.76% in year one, and rental yield stands at 8.62% at a $224,000 entry. Equity gained on principal adds $1,445/yr while 5% annual appreciation compounds into $61,887 by year five. Five-year ROI records 123.44% and total cumulative return in cash reaches $91,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,609/mo property income versus a $1,096/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38852, Iuka, MS area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,824
Single Family
4,805
Multi-Family
19
Businesses
410
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Nearby investment properties with comparable prices
Listed by: Duane Wright • Duane Wright Realty
Mls Name: MAAR
Mls ID: #10205326