2 County Road 198IukaMS38852
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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 2 County Road 198, Iuka, MS, 38852 earns $745/mo cash flow from $2,123/mo rent with a $1,102/mo payment. Total monthly income totals $2,123/mo, and annual cash flow totals $8,941/yr on $74,662 capital. ROI tracks 31.88% on current figures, and rental yield reads 11.31% at a $225,225 purchase. Equity gained on principal adds $1,453/yr, and 5% annual appreciation supports $62,226 over five years. Five-year ROI reaches 167.02% and total cumulative return in cash sums $124,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,123/mo property income instead of your personal income.
Single Family
Built in 1936
1.97 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: Timothy L Barron • Crye-Leike Pickwick
Mls Name: MAAR
Mls ID: #10212504