28 Hollow LnKokomoMS39643
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
Investment property for sale in Kokomo at 28 Hollow Ln, Kokomo, MS, 39643 offers a 9.86% rental yield on a $219,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,072/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,517/yr on $72,599 to close, and return on cash invested stands at 27.51% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 143.52% and total cumulative return in cash at $104,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3.40 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: Samantha Coon • Southern Oaks RE Properties LLC
Mls Name: MLS United
Mls ID: #4124346