2037 Kenna RdSummitMS39666
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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
Investment property for sale in Summit at 2037 Kenna Rd, Summit, MS, 39666 at $450,000 posts ROI 17.1% with from $2,405/mo rent. Total monthly income equals $2,405/mo. Return on cash invested measures 17.1% and rental yield reads 6.41% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 87.68% and total cumulative return in cash totals $130,794. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,888 (100%) |
| Owner Occupied HU | 3,389 (69.3%) |
| Renter Occupied HU | 834 (17.1%) |
| Vacant Housing Units | 665 (13.6%) |
| Median Home Value | $181,895 |
| Average Home Value | $240,043 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
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Listed by: Hunter Posey • Mossy Oak Properties Posey Land
Mls Name: Southwest Mississippi BOR
Mls ID: #143376
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.