6 Laura Ln #156IukaMS38852
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 6 Laura Ln #156, Iuka, MS, 38852 listed at $228,000 pairs $2,168/mo rent with a $1,116/mo payment to leave $773/mo cash flow. Total monthly income runs $2,168/mo, and annual cash flow reaches $9,272/yr on $75,582 cash to close. Return on cash invested measures 32.18% in year one, and rental yield registers 11.41% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 168.55% and total cumulative return in cash totals $127,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,168/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
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: Gentry D Parker • Fast Track Realty
Mls Name: MLS United
Mls ID: #4122382