Real Estate Investment Properties for Sale in Water Valley, MS

Looking for investment property in Water Valley, MS with high ROI ?

Explore a variety of short-term homes & houses in Water Valley, MS. Invest wisely with VRBO & Water Valley, MS Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Water Valley, MS

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
130 Askew Water Valley, MS Charming and move-in ready, this updated 2-bedroom, 1-bath home offers comfort, style, and...	2 beds \| 1 baths \| 1,196 sq.ft.	$159,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 8.57% Airbnb Rental Income: $1127 Traditional Rental Income: $1668 Airbnb ROI: 2.53% Traditional ROI: 8.57%
108 Blount Street Water Valley, MS Discover the timeless appeal of 108 Blount Street, conveniently located near restaurants, ...	3 beds \| 2 baths \| 2,015 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $1971 Airbnb ROI: N/A Traditional ROI: 5.71%
108 Lafayette Street Water Valley, MS Charming 3-bedroom, 2-bath home on a corner lot just two blocks from City Park. You'll lov...	3 beds \| 2 baths \| 1,763 sq.ft.	$268,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2429 Airbnb ROI: N/A Traditional ROI: 7.42%
304 Dupuy Water Valley, MS Don't miss this turnkey, fully renovated home in Water Valley where no detail has been ove...	4 beds \| 2 baths \| 3,331 sq.ft.	$499,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.58% Airbnb Rental Income: $1115 Traditional Rental Income: $2607 Airbnb ROI: -0.42% Traditional ROI: 3.58%
664 County Road 224 Water Valley, MS Well-maintained brick home situated on 1.383 acre, offering both space and functionality. ...	3 beds \| 3 baths \| 2,117 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 4.67%
507 Calhoun Street Water Valley, MS Located within walking distance from the historic Main Street in the up-and-coming Water V...	3 beds \| 2 baths \| 1,200 sq.ft.	$225,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $2034 Airbnb ROI: N/A Traditional ROI: 7.29%
826 Blackmur Drive Water Valley, MS Completely remodeled by a licensed contractor from the foundation up to a new metal roof, ...	2 beds \| 1 baths \| 1,440 sq.ft.	$218,500	Airbnb cash on cash: 1.84% Traditional cash on cash: 6.76% Airbnb Rental Income: $1127 Traditional Rental Income: $1769 Airbnb ROI: 1.84% Traditional ROI: 6.76%
2174 CR 53 Water Valley, MS Been looking for a home near the lake? It's about 1 mile to the entrance to Water Valley. ...	3 beds \| 1 baths \| 1,376 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.72% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 9.72%
615 N. Main Street Water Valley, MS Discover the charm of downtown Water Valley living in this beautifully preserved home, jus...	2 beds \| 2 baths \| 1,470 sq.ft.	$315,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.88% Airbnb Rental Income: $1127 Traditional Rental Income: $2190 Airbnb ROI: 1.02% Traditional ROI: 5.88%
301 Market St. Water Valley, MS Step into timeless character and modern comfort in this beautifully remodeled 1903 home. B...	4 beds \| 3 baths \| 3,356 sq.ft.	$459,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 6.18% Airbnb Rental Income: $1115 Traditional Rental Income: $3258 Airbnb ROI: 0.32% Traditional ROI: 6.18%
225 County Road 108 Water Valley, MS Newly remodeled, this 2 bed 1 bath 706 sq ft home on a 1.03+/- acre lot sits outside of Wa...	2 beds \| 1 baths \| 706 sq.ft.	$125,500	Airbnb cash on cash: 4.2% Traditional cash on cash: 8.63% Airbnb Rental Income: $1127 Traditional Rental Income: $1286 Airbnb ROI: 4.2% Traditional ROI: 8.63%
72 (Lafayette County) County Road 424 Water Valley, MS Enjoy the privacy of 10 wooded acres with this beautiful 5-bedroom, 3.5-bath home located ...	5 beds \| 4 baths \| 2,216 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $2902 Airbnb ROI: N/A Traditional ROI: 4.86%
372 CR 424 ( in Paris in Lafayette County ) Water Valley, MS This lot has some of the biggest shade trees. Very peaceful place. 1.5 acres to be survey...	2 beds \| 2 baths \| 1,291 sq.ft.	$195,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 7.58% Airbnb Rental Income: $1127 Traditional Rental Income: $1832 Airbnb ROI: 1.74% Traditional ROI: 7.58%
108 Griffin Street Water Valley, MS New construction near downtown Water Valley offering 1,384 sq ft with 3 bedrooms and 2 ful...	3 beds \| 2 baths \| 1,384 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 5.08%
681 County Road 56 Water Valley, MS Well-maintained 3 bedroom, 2 bath mobile home on 74 acres. The land is a mix of pine and h...	3 beds \| 2 baths \| 1,568 sq.ft.	$369,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 5.07%
607 Market Street Water Valley, MS Welcome home! This magnificently remodeled home offers all the character, charm and great ...	5 beds \| 4 baths \| 2,715 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 7.05%

Real Estate investment in Water-valley, MS

There are 24 properties for sale in the city of Water Valley . The median list price in Water Valley is $266,750 and the average price per square foot is $154. In May 2026, the average monthly cash on cash return in Water Valley is 7.00%. The average monthly rental income in Water Valley is $2,142.

Water-valley, MS Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 24 investment properties available for sale in Water-valley.

In 2026, the best neighborhood to buy investment property is Water Valley.

The ROI for Long-Term is higher than the Short-Term in Water-valley with average rental income of $2,142.

Your search for investment property begins and ends here

Investment Property for Sale in Water Valley, MS

130 Askew

Water Valley, MS

2 beds | 1 baths | 1,196 sq.ft.

$159,000

Airbnb cash on cash: 2.53%

Traditional cash on cash: 8.57%

Airbnb Rental Income: $1127

Traditional Rental Income: $1668

Airbnb ROI: 2.53%

Traditional ROI: 8.57%

108 Blount Street

Water Valley, MS

3 beds | 2 baths | 2,015 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1971

Airbnb ROI: N/A

Traditional ROI: 5.71%

108 Lafayette Street

Water Valley, MS

3 beds | 2 baths | 1,763 sq.ft.

$268,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2429

Airbnb ROI: N/A

Traditional ROI: 7.42%

304 Dupuy

Water Valley, MS

4 beds | 2 baths | 3,331 sq.ft.

$499,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1115

Traditional Rental Income: $2607

Airbnb ROI: -0.42%

Traditional ROI: 3.58%

664 County Road 224

Water Valley, MS

3 beds | 3 baths | 2,117 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1670

Airbnb ROI: N/A

Traditional ROI: 4.67%

507 Calhoun Street

Water Valley, MS

3 beds | 2 baths | 1,200 sq.ft.

$225,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2034

Airbnb ROI: N/A

Traditional ROI: 7.29%

826 Blackmur Drive

Water Valley, MS

2 beds | 1 baths | 1,440 sq.ft.

$218,500

Airbnb cash on cash: 1.84%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1127

Traditional Rental Income: $1769

Airbnb ROI: 1.84%

Traditional ROI: 6.76%

2174 CR 53

Water Valley, MS

3 beds | 1 baths | 1,376 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1906

Airbnb ROI: N/A