101 C R Conerly RdKokomoMS39643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kokomo at 101 C R Conerly Rd, Kokomo, MS, 39643 priced at $240,000 pairs $1,769/mo rent with $300/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,769/mo, and annual cash flow comes to $3,600/yr on $79,560 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 8.85% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 127% and total cumulative return in cash reaches $101,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,769/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
12.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39643, Kokomo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 621 (100%) |
| Owner Occupied HU | 466 (75.0%) |
| Renter Occupied HU | 75 (12.1%) |
| Vacant Housing Units | 80 (12.9%) |
| Median Home Value | $117,803 |
| Average Home Value | $206,389 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
24
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Listed by: Sarah A Messer • Keller Williams
Mls Name: MLS United
Mls ID: #4106538
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.