16 Tamara TrlIukaMS38852
Nearby investment properties with comparable rents
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 16 Tamara Trl, Iuka, MS, 38852 priced at $229,900 converts $1,920/mo rent into $513/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $6,160/yr on $76,212 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 10.02% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 146.13% and total cumulative return in cash sums $111,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 2004
8,712 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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Listed by: Timothy L Barron • Crye-Leike Pickwick
Mls Name: MAAR
Mls ID: #10213058