83 County Road 262IukaMS38852
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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 83 County Road 262, Iuka, MS, 38852 offers a 10.31% rental yield on a $349,000 purchase with $2,999/mo rent. Total monthly income registers $2,999/mo, and a $1,708/mo payment leaves $863/mo available for distribution. Annual cash flow reaches $10,362/yr on $115,694 to close, and return on cash invested stands at 28.87% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 150.79% and total cumulative return in cash at $174,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,999/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
N/A 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: N/A • N/A
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Mls ID: #N/A