








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 Coldwater at 151 Luke Ln, Coldwater, MS, 38618 with 5% annual appreciation on a $395,600 basis while $2,572/mo rent supports operations. Total monthly income totals $2,572/mo and a $1,936/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,785/yr on $131,141 deployed, and return on cash invested reaches 21.27% in year one. Equity gained on principal adds $2,553/yr, and five-year appreciation sums $109,297 alongside rental yield of 7.8%. Five-year ROI measures 110.05% and total cumulative return in cash totals $144,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,572/mo property income versus a $1,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listing removed | $399,000 |
| 2024-09-25 | Listed for sale | $399,000 |
| 2016-11-04 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2682.20 | 1.77% | $22,133 | N/A |
| 2023-11-02 | $2635.50 | 0.60% | $22,133 | N/A |
| 2022-11-02 | $2619.79 | -3.97% | $22,133 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A