8 Devin DrIukaMS38852
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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 8 Devin Dr, Iuka, MS, 38852 with 5% annual appreciation on a $210,000 basis while $1,416/mo rent supports operations. Total monthly income totals $1,416/mo and a $1,028/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,569/yr on $69,615 deployed, and return on cash invested reaches 22.16% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 8.09%. Five-year ROI measures 114.86% and total cumulative return in cash totals $79,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,416/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,300 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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Listed by: Justin Johnson • Justin Johnson Realty
Mls Name: NMMLS
Mls ID: #25-3538