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
1422 Boyd Street Water Valley, MS Come see this beautiful home with 1.70 acres, located just 1.6 miles from Water Valley's h...	2 beds \| 1 baths \| 1,389 sq.ft.	$249,500	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.2% Airbnb Rental Income: $1121 Traditional Rental Income: $1271 Airbnb ROI: 0.97% Traditional ROI: 3.2%
108 Blount Street 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%
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%
1203 County Road 92 Water Valley, MS This beautiful all brick home sits on 31 acres of private property which includes a joint ...	3 beds \| 3 baths \| 3,000 sq.ft.	$419,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2837 Airbnb ROI: N/A Traditional ROI: 5.18%
826 Blackmur Drive Water Valley, MS This property was just remodeled by a licensed contractor from the foundation to the new m...	2 beds \| 1 baths \| 1,440 sq.ft.	$225,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.55% Airbnb Rental Income: $1121 Traditional Rental Income: $1769 Airbnb ROI: 1.74% Traditional ROI: 6.55%
121 Dupuy Street 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.	$359,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 6.77%
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% Traditional cash on cash: 5.88% Airbnb Rental Income: $1121 Traditional Rental Income: $2190 Airbnb ROI: 1% 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: -1.55% Traditional cash on cash: -0.5% Airbnb Rental Income: $1087 Traditional Rental Income: $3232 Airbnb ROI: -1.55% Traditional ROI: -0.5%
522 County Road 371 (Lafayette County) 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%
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: 0.69% Traditional cash on cash: 5.04% Airbnb Rental Income: $1121 Traditional Rental Income: $1883 Airbnb ROI: 0.69% Traditional ROI: 5.04%
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.	$499,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 5.61% Airbnb Rental Income: $1087 Traditional Rental Income: $3258 Airbnb ROI: 0.17% Traditional ROI: 5.61%
715 Wagner Street 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: 1.12% Traditional cash on cash: 8.94% Airbnb Rental Income: $1087 Traditional Rental Income: $2781 Airbnb ROI: 1.12% 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.	$125,500	Airbnb cash on cash: 4.15% Traditional cash on cash: 8.63% Airbnb Rental Income: $1121 Traditional Rental Income: $1286 Airbnb ROI: 4.15% Traditional ROI: 8.63%
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 \| 4 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: 1.98% Traditional cash on cash: 11.17% Airbnb Rental Income: $1087 Traditional Rental Income: $2462 Airbnb ROI: 1.98% Traditional ROI: 11.17%
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%
358 County Road 550 (Shady Hill Circle) Water Valley, MS Want privacy? Just off Hwy 7 South. This home sits on 3 acres. Way off the road. 3 bed 2 b...	3 beds \| 2 baths \| 1,302 sq.ft.	$224,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 5.28%
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.	$245,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.71% Airbnb Rental Income: $1121 Traditional Rental Income: $1832 Airbnb ROI: 1.02% Traditional ROI: 5.71%
90 Simmons Street Water Valley, MS New construction located just 0.50 miles from downtown Water Valley and 15 miles from Oxfo...	3 beds \| 2 baths \| 1,280 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2021 Airbnb ROI: N/A Traditional ROI: 5.04%

Real Estate investment in Water-valley, MS

There are 25 properties for sale in the city of Water Valley . The median list price in Water Valley is $255,500 and the average price per square foot is $147. In March 2026, the average monthly cash on cash return in Water Valley is 6.00%. The average monthly rental income in Water Valley is $2,123.

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

There are 25 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 $2,123.

Your search for investment property begins and ends here

Investment Property for Sale in Water Valley, MS

1422 Boyd Street

Water Valley, MS

2 beds | 1 baths | 1,389 sq.ft.

$249,500

Airbnb cash on cash: 0.97%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1121

Traditional Rental Income: $1271

Airbnb ROI: 0.97%

Traditional ROI: 3.2%

108 Blount Street

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%

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%

1203 County Road 92

Water Valley, MS

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

$419,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2837

Airbnb ROI: N/A

Traditional ROI: 5.18%

826 Blackmur Drive

Water Valley, MS

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

$225,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 6.55%

Airbnb Rental Income: $1121

Traditional Rental Income: $1769

Airbnb ROI: 1.74%

Traditional ROI: 6.55%

121 Dupuy Street

Water Valley, MS

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

$359,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2745

Airbnb ROI: N/A

Traditional ROI: 6.77%

615 N. Main Street

Water Valley, MS

2 beds | 2 baths | 1,470 sq.ft.

$315,000

Airbnb cash on cash: 1%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1121

Traditional Rental Income: $2190

Airbnb ROI: 1%