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
108 Blount St Water Valley, MS Discover the 1920s charm of 108 Blount Street, ideally located near restaurants, a sports ...	3 beds \| 2 baths \| 2,015 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $1971 Airbnb ROI: N/A Traditional ROI: 4.96%
507 Calhoun St 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%
1203 County Road 92 Water Valley, MS Welcome to your own slice of paradise! Beautiful all brick home sitting on 31 acres of pri...	3 beds \| 3 baths \| 3,000 sq.ft.	$429,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $2837 Airbnb ROI: N/A Traditional ROI: 5.02%
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.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 5.09%
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.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $2434 Airbnb ROI: N/A Traditional ROI: 7.14%
121 Dupuy St Water Valley, MS Located on one of Water Valley's most desirable streets, this historic home offers 3,606 s...	5 beds \| 2 baths \| 3,606 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 6.45%
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.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 9.08%
615 N Main St 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%
386 (lafayette County) County Road 378 Water Valley, MS Welcome home! Minutes from Oxford! Appx. 191 acres full of deer, turkey a lake and trails...	4 beds \| 3 baths \| 3,557 sq.ft.	$2,600,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.5% Airbnb Rental Income: $null Traditional Rental Income: $3232 Airbnb ROI: N/A Traditional ROI: -0.5%
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.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2497 Airbnb ROI: N/A Traditional ROI: 5.78%
522 County Road 371 Water Valley, MS This well-maintained one-owner home in Lafayette County offers 1,772 sq. ft. of solid cons...	3 beds \| 2 baths \| 1,772 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2309 Airbnb ROI: N/A Traditional ROI: 6.28%
1007 Central St Water Valley, MS Are you looking for a charming home near the heart of Water Valley. This beautiful tradit...	2 beds \| 1 baths \| 1,366 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 9% Airbnb Rental Income: $null Traditional Rental Income: $1791 Airbnb ROI: N/A Traditional ROI: 9%
248 Cr 376 Water Valley, MS Enjoy peaceful country living in this cozy 2-bedroom, 2-bath cottage set on 3 acres in Laf...	2 beds \| 2 baths \| 900 sq.ft.	$277,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1883 Airbnb ROI: N/A Traditional ROI: 5.04%
715 Wagner St Water Valley, MS Discover your next home at 715 Wagner Street in the charming town of Water Valley, Yalobus...	4 beds \| 3 baths \| 2,420 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.94% Airbnb Rental Income: $null Traditional Rental Income: $2781 Airbnb ROI: N/A Traditional ROI: 8.94%
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.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $1286 Airbnb ROI: N/A Traditional ROI: 8.31%
87 County Road 97 Water Valley, MS Built in 2021, this move-in-ready home sits on a spacious 1.80-acre lot in Water Valley, o...	3 beds \| 3 baths \| 1,865 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 5.92%
18533 Hwy 32 Water Valley, MS Looking for a home just minutes from Enid Lake's prime hunting and fishing locations? This...	4 beds \| 2 baths \| 2,174 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.17% Airbnb Rental Income: $null Traditional Rental Income: $2462 Airbnb ROI: N/A Traditional ROI: 11.17%
859 Wise Street Water Valley, MS Cozy brick home situated on 6.60 acres just minutes from Water Valley and conveniently loc...	3 beds \| 2 baths \| 1,623 sq.ft.	$268,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $2251 Airbnb ROI: N/A Traditional ROI: 6.72%

Real Estate investment in Water-valley, MS

There are 37 properties for sale in the city of Water Valley . The median list price in Water Valley is $268,500 and the average price per square foot is $154. In February 2026, the average monthly cash on cash return in Water Valley is 7.00%. The average monthly rental income in Water Valley is $2,251.

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

There are 37 investment properties available for sale in Water-valley.

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

The ROI for Short-Term is higher than the Long-Term in Water-valley with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Water Valley, MS

108 Blount St

Water Valley, MS

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

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.96%

Airbnb Rental Income: $null

Traditional Rental Income: $1971

Airbnb ROI: N/A

Traditional ROI: 4.96%

507 Calhoun St

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%

1203 County Road 92

Water Valley, MS

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

$429,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2837

Airbnb ROI: N/A

Traditional ROI: 5.02%

115 Champion Circle

Water Valley, MS

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

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2579

Airbnb ROI: N/A

Traditional ROI: 5.09%

306 Wagner

Water Valley, MS

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

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2434

Airbnb ROI: N/A

Traditional ROI: 7.14%

121 Dupuy St

Water Valley, MS

5 beds | 2 baths | 3,606 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2745

Airbnb ROI: N/A

Traditional ROI: 6.45%

2174 Cr 53

Water Valley, MS

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

$174,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.08%

Airbnb Rental Income: $null

Traditional Rental Income: $1906

Airbnb ROI: N/A

Traditional ROI: 9.08%

615 N Main St

Water Valley, MS

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