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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 31 David Dr, Iuka, MS, 38852 with 5% annual appreciation on a $229,000 basis while $960/mo rent supports operations. 03% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 5.03%. Five-year ROI measures 50.89% and total cumulative return in cash totals $38,633. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $960/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
N/A lot
$N/A/sqft
$2,200 annually 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gentry Parker • Fast Track Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10195408
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. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2025 Memphis Area Association of REALTORS.
