Own for what you rent in Yalobusha County
By Kaspar Caldwell, REALTOR® · Reviewed
If you're renting in Water Valley or anywhere in Yalobusha County, your monthly rent might already be close to a mortgage payment. Here's an honest way to check, using real homes for sale today.
35
USDA-eligible homes for sale in Yalobusha County
13
with est. principal & interest at or under $1,000/mo
$198,950
median list price (15 homes at or under $1,200/mo P&I)
From listings verified October 8, 2026. Payments use 7.28% (FRED weekly average, 2026-10-01), 30 years, $0 down, 1% USDA fee financed. Taxes, insurance and the USDA annual fee are not included.
Step 1
What do you pay in rent?
If $850/mo goes to principal & interest, at 7.28% for 30 years with $0 down and the 1% USDA fee financed, that's roughly a home price of
$123,000
Estimate only, not a loan offer or approval. Your actual rate, payment and price range depend on your credit, income and lender.
Step 2
8 homes for sale in Yalobusha County at or under $123,000
$109,900
1320 Boyd St
Water Valley · 4 bd · 2 ba · 1,450 sqft
$98,500
75 Bailey Ave
Coffeeville · 3 bd · 2 ba · 1,564 sqft
$91,000
7049 County Road 212
Coffeeville · 3 bd · 0 ba · 1,728 sqft
$86,000
16700 Okahoma St
Coffeeville · 2 bd · 2 ba · 1,748 sqft
$85,000
550 County Road 463
Coffeeville · 2 bd · 1 ba · 700 sqft
$85,000
2203 County Road 169
Coffeeville · 3 bd · 1 ba · 938 sqft
$39,000
4776 County Road 82
Coffeeville · 3 bd · 2 ba · 1,008 sqft
$29,900
1208 Bergland St
Water Valley · 1 bd · 1 ba · 2,017 sqft
Step 3
Get your own-for-what-you-rent plan from Kaspar
Kaspar will go over what you can likely afford, connect you with a USDA lender for pre-qualification, and send homes in Yalobusha County that fit. No cost to talk.
What "own for what you rent" really means
With a USDA loan, qualified buyers in eligible parts of Yalobusha County can finance the full price, so the big hurdle of saving a down payment goes away. At 7.28%, every $1,000 of monthly principal and interest covers a home price of about $144,000.
Owning still costs more than the loan payment. Plan for property taxes, homeowners insurance, the USDA annual fee, closing costs (which a seller can sometimes help pay) and repairs. Household income has to fall under USDA limits for your county, and most lenders look for a credit score around 640.
The quickest way to know for sure: get pre-qualified, then let Kaspar line up showings on homes that fit the number your lender gives you.
More in Yalobusha County: all homes for sale · how $0 down loans work