23 Murphy CvIukaMS38852
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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
Rental property for sale in Iuka at 23 Murphy Cv, Iuka, MS, 38852 generates $960/mo in rent, after a $1,708/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 7.72% in year one, and rental yield is 3.3% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 37.38% and total cumulative return in cash sums $43,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.44 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: Emily McGrath • The Franklin Agency, LLC
Mls Name: NMMLS
Mls ID: #25-2973