6 Laura LnIukaMS38852
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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, Iuka, MS, 38852 with 5% annual appreciation on a $228,000 basis while $1,607/mo rent supports operations. Total monthly income totals $1,607/mo and a $1,116/mo payment preserves $212/mo for cash returns. Annual cash flow comes to $2,540/yr on $75,582 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $1,471/yr, and five-year appreciation sums $62,992 alongside rental yield of 8.46%. Five-year ROI measures 120.78% and total cumulative return in cash totals $91,287.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,607/mo property income versus a $1,116/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
8,712 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
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Nearby investment properties with comparable prices
Listed by: Gentry Parker • Fast Track Realty, LLC
Mls Name: MAAR
Mls ID: #10203453