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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Iuka at 2004 Independence Sq, Iuka, MS, 38852 with 5% annual appreciation on a $219,000 basis while $2,005/mo rent supports operations. Total monthly income totals $2,005/mo and a $1,072/mo payment preserves $665/mo for cash returns. Annual cash flow comes to $7,977/yr on $72,599 deployed, and return on cash invested reaches 30.9% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 10.99%. Five-year ROI measures 161.69% and total cumulative return in cash totals $117,381.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,005/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38852, Iuka, MS area.
| 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 |
Residential
4,824
Single Family
4,805
Multi-Family
19
Businesses
410
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $219,000 |
| 2024-10-09 | Listing removed | $219,900 |
| 2024-09-17 | Price change | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Misty Murray Durham • Property Pros
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1075
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
