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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 6 Mountain Vw, Iuka, MS, 38852 uses $69,284 cash to close to unlock $7,186/yr annual cash flow and $599/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $1,023/mo payment keeps the spread at $599/mo. Purchase price stands at $209,000, and rental yield measures 11.24% with $1,957/mo rent. Return on cash invested shows 30.28% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 158.86% and total cumulative return in cash records $110,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 2004
8,712 sqft lot
$N/A/sqft
$950 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 |
|---|---|---|
| 2025-06-17 | Listed for sale | $209,000 |
| 2015-10-28 | Sold | N/A |
| 2015-04-09 | Listing removed | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $883.71 | -50.23% | $11,605 | -33.34% |
| 2023-06-18 | $1775.62 | N/A | $17,408 | N/A |
| 2022-06-18 | $1775.62 | 301.93% | $17,408 | 46.61% |
What's Special
Pull Down Stairs
Listed by: Brenda Bailey Hamm • Crye-Leike Pickwick
Mls Name: MAAR
Mls Provider:
Mls ID: #10199189
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.
