825 Highway 585KokomoMS39643
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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
Total monthly income runs $0/mo, and a $969/mo payment. Purchase price stands at $198,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.24% in year one, and 5% annual appreciation builds toward $54,704 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $969/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
29.50 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: Fred Buhrer • Fred Buhrer Real Estate, Inc.
Mls Name: HSMLS
Mls ID: #143886