204 Wise St, Water Valley, MS, 38965 | 7.2% Rental Yield

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Water Valley at 204 Wise St, Water Valley, MS, 38965 earns from $1,500/mo rent with a $1,223/mo payment. Total monthly income totals $1,500/mo. ROI tracks 19.49% on current figures, and rental yield reads 7.2% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 100.47% and total cumulative return in cash sums $83,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.

Single Family

Built in 2026

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,458 (100%)
Owner Occupied HU	2,892 (64.9%)
Renter Occupied HU	889 (19.9%)
Vacant Housing Units	677 (15.2%)
Median Home Value	$150,475
Average Home Value	$174,296