93 Ward 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
Investment property for sale in Kokomo at 93 Ward Rd, Kokomo, MS, 39643 at $179,000 posts ROI 31.01% with $549/mo cash flow from $1,644/mo rent. Total monthly income equals $1,644/mo, and annual cash flow records $6,585/yr on $59,339 to close. Return on cash invested measures 31.01% and rental yield reads 11.02% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 162.29% and total cumulative return in cash totals $96,303.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,644/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
4.16 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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Nearby investment properties with comparable prices
Listed by: Christie Cowart • Christie Cowart Realty
Mls Name: HSMLS
Mls ID: #143876