Under $500K Investment Properties for Sale in Lucedale, MS
152- 4 Bed
- 2 Bath
- 1915 sft
223- 5 Bed
- 3 Bath
- 2100 sft
539- 4 Bed
- 2 Bath
- 1600 sft
291- 4 Bed
- 3 Bath
- 3190 sft
Why Invest in Lucedale, Mississippi?
Lucedale, MS offers affordable entry points for real estate investors seeking properties under $500k in a somewhat competitive market. The median home price of $246k provides strong cash flow potential with rental yields supported by a peaceful, low-traffic community atmosphere. Recent appreciation of 10.7% year-over-year demonstrates market momentum, while average days-to-pending of 79 days allows investors time to evaluate opportunities. The under-$500k segment captures the majority of available inventory, making it ideal for buy-and-hold and rental strategies in a cost-effective Gulf South location.
Frequently Asked Questions
With average rents of $1,925 and cap rates around 7.1%, investors can expect monthly cash flow of $1,200+ after accounting for taxes, insurance, and maintenance. Properties at the lower end of the under-$500k range typically generate stronger cash-on-cash returns due to lower acquisition costs.
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