3 Frank FwyIukaMS38852
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
Investment property for sale in Iuka at 3 Frank Fwy, Iuka, MS, 38852 earns $500/mo cash flow from $2,238/mo rent with a $1,390/mo payment. Total monthly income totals $2,238/mo, and annual cash flow totals $6,001/yr on $94,146 capital. ROI tracks 26.28% on current figures, and rental yield reads 9.46% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 136.96% and total cumulative return in cash sums $128,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,238/mo property income instead of your personal income.
Single Family
Built in 2005
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Duane Wright • Duane Wright Realty
Mls Name: MAAR
Mls ID: #10180922