1370 E Pike StIukaMS38852
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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
Investment property for sale in Iuka at 1370 E Pike St, Iuka, MS, 38852 earns $217/mo cash flow from $945/mo rent with a $582/mo payment. Total monthly income totals $945/mo, and annual cash flow totals $2,607/yr on $39,449 capital. ROI tracks 26.52% on current figures, and rental yield reads 9.53% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 138.27% and total cumulative return in cash sums $54,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $945/mo property income instead of your personal income.
Single Family
Built in N/A
0.50 Acres 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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Listed by: Misty Murray Durham • Property Pros
Mls Name: NMMLS
Mls ID: #25-3933