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
1300 Central St Water Valley, MS Completely renovated 3 bed, 2 bath home on a corner lot just minutes from Downtown Water V...	3 beds \| 2 baths \| 1,696 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2095 Airbnb ROI: N/A Traditional ROI: 6.73%
1203 County Road 92 Water Valley, MS Welcome to your own slice of paradise! Property features a 3,000 sq. ft. home, a storage b...	3 beds \| 3 baths \| 3,000 sq.ft.	$439,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $2837 Airbnb ROI: N/A Traditional ROI: 4.86%
5642 Hwy 32 Water Valley, MS WELCOME TO THE YALOBUSHA 80, A TRUE TURNKEY PROPERTY JUST OVER SEVEN MILES FROM DOWNTOWN W...	3 beds \| 3 baths \| 1,700 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2334 Airbnb ROI: N/A Traditional ROI: 4.56%
115 Champion Circle Water Valley, MS Just 1.5 miles from downtown Water Valley, this 4BR/2BA brick home offers 2,495 sq ft of c...	4 beds \| 2 baths \| 2,495 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 4.87%
408 Patricia Drive Water Valley, MS Built in 2021, this like-new 2,048 sq ft home offers 3 beds, 2 baths, and numerous upgrade...	3 beds \| 2 baths \| 2,048 sq.ft.	$269,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 7.79%
306 Wagner Water Valley, MS One of the oldest homes in Water Valley! 3 bed 2 bath with office and formal dining area. ...	3 beds \| 2 baths \| 2,600 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2434 Airbnb ROI: N/A Traditional ROI: 6.88%
128 S Main St Water Valley, MS Location! Location! Location! Sitting on the corner of S Main St and Young St this house i...	3 beds \| 2 baths \| 1,200 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.25% Airbnb Rental Income: $null Traditional Rental Income: $1965 Airbnb ROI: N/A Traditional ROI: 8.25%
912 N. Main Street Water Valley, MS Located just a short walk from Downtown Water Valley and the City Park, this brick 2-bed, ...	2 beds \| 2 baths \| 1,202 sq.ft.	$214,500	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.93% Airbnb Rental Income: $1059 Traditional Rental Income: $1869 Airbnb ROI: 1.15% Traditional ROI: 6.93%
302 Lafayette Street Water Valley, MS New Construction in Water Valley! Enjoy an open floor plan with vaulted ceilings in the li...	2 beds \| 1 baths \| 1,000 sq.ft.	$229,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.14% Airbnb Rental Income: $1059 Traditional Rental Income: $1598 Airbnb ROI: 0.97% Traditional ROI: 5.14%
121 Dupuy Street Water Valley, MS Rare opportunity to own a home on coveted Dupuy Street in downtown Water Valley! This char...	5 beds \| 2 baths \| 3,606 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 4.9%
1442 Boyd Water Valley, MS WOW! Check it out! A splash of elegance and charm awaits you in this lovely 3 bed 2 bath h...	3 beds \| 2 baths \| 1,885 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.71% Airbnb Rental Income: $null Traditional Rental Income: $2534 Airbnb ROI: N/A Traditional ROI: 7.71%
1625 N. Main St Water Valley, MS This high potential, unique 2 bed, 2 bath home offers over 2,000 sq/ft of living space. In...	2 beds \| 2 baths \| 2,000 sq.ft.	$189,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 10.21% Airbnb Rental Income: $1059 Traditional Rental Income: $2261 Airbnb ROI: 1.53% Traditional ROI: 10.21%
615 N. Main Street Water Valley, MS Discover the charm of downtown Water Valley living in this beautifully preserved home, jus...	3 beds \| 2 baths \| 1,470 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 5.88%
167 County Road 385 Water Valley, MS Welcome to 167 CR 385, Water Valley, MS 38965 â your private retreat in beautiful Lafaye...	3 beds \| 3 baths \| 1,800 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2497 Airbnb ROI: N/A Traditional ROI: 5.43%

Real Estate investment in Water-valley, MS

There are 15 properties for sale in the city of Water Valley . The median list price in Water Valley is $249,000 and the average price per square foot is $141. In October 2025, the average monthly cash on cash return in Water Valley is 7.00%. The average monthly rental income in Water Valley is $2,250.

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

There are 15 investment properties available for sale in Water-valley.

In 2025, 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 $2,250.

Your search for investment property begins and ends here

Investment Property for Sale in Water Valley, MS

1300 Central St

Water Valley, MS

3 beds | 2 baths | 1,696 sq.ft.

$269,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2095

Airbnb ROI: N/A

Traditional ROI: 6.73%

1203 County Road 92

Water Valley, MS

3 beds | 3 baths | 3,000 sq.ft.

$439,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2837

Airbnb ROI: N/A

Traditional ROI: 4.86%

5642 Hwy 32

Water Valley, MS

3 beds | 3 baths | 1,700 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2334

Airbnb ROI: N/A

Traditional ROI: 4.56%

115 Champion Circle

Water Valley, MS

4 beds | 2 baths | 2,495 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.87%

Airbnb Rental Income: $null

Traditional Rental Income: $2579

Airbnb ROI: N/A

Traditional ROI: 4.87%

408 Patricia Drive

Water Valley, MS

3 beds | 2 baths | 2,048 sq.ft.

$269,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2482

Airbnb ROI: N/A

Traditional ROI: 7.79%

306 Wagner

Water Valley, MS

3 beds | 2 baths | 2,600 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2434

Airbnb ROI: N/A

Traditional ROI: 6.88%

128 S Main St

Water Valley, MS

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

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1965

Airbnb ROI: N/A

Traditional ROI: 8.25%

912 N. Main Street

Water Valley, MS

2 beds | 2 baths | 1,202 sq.ft.

$214,500

Airbnb cash on cash: 1.15%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $1059

Traditional Rental Income: $1869

Airbnb ROI: 1.15%