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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 302 W 5th St, Iuka, MS, 38852 listed at $327,000 pairs $2,029/mo rent with a $1,601/mo payment to leave $27/mo cash flow. Total monthly income runs $2,029/mo, and annual cash flow reaches $329/yr on $108,401 cash to close. Return on cash invested measures 20.21% in year one, and rental yield registers 7.45% at a $327,000 basis. Equity gained on principal adds $2,110/yr, and annual property appreciation at 5% supports $90,344 by year five. Five-year ROI tracks 104.41% and total cumulative return in cash totals $113,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,029/mo property income relative to a $1,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 |
|---|---|---|
| 2025-08-28 | Listed for sale | $327,000 |
| 2025-05-19 | Listing removed | $327,000 |
| 2025-02-26 | Price change | $327,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-05 | $137.30 | N/A | $2,333 | N/A |
| 2023-09-05 | $137.30 | N/A | $2,333 | N/A |
| 2022-09-05 | $137.30 | -60.38% | $2,333 | -33.34% |
Listed by: Jessica Shidler • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-3048
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.
