








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 Water Valley at 637 Highway 9 N, Water Valley, MS, 38965 with 5% annual appreciation on a $575,000 basis while $4,320/mo rent supports operations. Total monthly income totals $4,320/mo and a $2,814/mo payment preserves $802/mo for cash returns. Annual cash flow comes to $9,620/yr on $189,175 deployed, and return on cash invested reaches 25.15% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 9.02%. Five-year ROI measures 130.8% and total cumulative return in cash totals $247,439.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,320/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,458 (100%) |
| Owner Occupied HU | 2,892 (64.9%) |
| Renter Occupied HU | 889 (19.9%) |
| Vacant Housing Units | 677 (15.2%) |
| Median Home Value | $150,475 |
| Average Home Value | $174,296 |
Residential
4,019
Single Family
3,957
Multi-Family
62
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather Richardson • RE/MAX LEGACY
Mls Name: NCMBR
Mls Provider:
Mls ID: #159694
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.