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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% |
Rental property for sale in Iuka at 611 Indian Creek Rd, Iuka, MS, 38852 priced at $465,000 pairs $2,724/mo rent with after a $2,276/mo payment. Total monthly income equals $2,724/mo. Return on cash invested is 18.96% in year one, and rental yield stands at 7.03% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 97.68% and total cumulative return in cash reaches $150,575. For financing, Ziffy Mortgage’s DSCR program evaluates $2,724/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.75 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-28 | Listed for sale | $465,000 |
| 2024-08-02 | Listing removed | N/A |
| 2024-07-11 | Price change | $469,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $1591.40 | N/A | $18,914 | N/A |
| 2022-01-28 | $1591.40 | 1.20% | $18,914 | N/A |
| 2021-01-28 | $1572.49 | N/A | $18,914 | -1.14% |
Listed by: Elizabeth Barnes • Barnes Realty,LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4371
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.
