6 County Road 290IukaMS38852
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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
Investment property for sale in Iuka at 6 County Road 290, Iuka, MS, 38852 listed at $109,000 pairs $844/mo rent with a $534/mo payment to leave $176/mo cash flow. Total monthly income runs $844/mo, and annual cash flow reaches $2,118/yr on $36,134 cash to close. Return on cash invested measures 25.77% in year one, and rental yield registers 9.29% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Five-year ROI tracks 134.3% and total cumulative return in cash totals $48,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $844/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.54 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: #25-4340