Real Estate Investing in Kokomo, Mississippi

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 6,286 • Marion County

☆ Watch this market Free account

Should you buy in Kokomo, MS? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 18.8% of homes vacant — above national norms.
  • Elevated poverty: 20.2% poverty rate — can affect rent collection.
  • Higher unemployment: 9.2% unemployment — tenant risk signal.
  • Lower household income: $36,248 median — tenant affordability is tighter.

What’s happening in Kokomo, MS?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $154,461
Avg Monthly Rent $932
ZIP Codes 2

Investing in Kokomo Real Estate

Kokomo, MS covers 2 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

Kokomo is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Kokomo are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Mississippi.

Distressed-leaning demographics in Kokomo — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in Kokomo, MS. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Kokomo, MS?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$154,461
Avg Monthly Rent
$932
1% Rule
✗ Below
Landlord Friendly (MS)

ZIP Codes in Kokomo, MS

Screen every ZIP in Kokomo

Filter Kokomo’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Kokomo, MS

What is the smart move for investors in Kokomo, MS?

In Kokomo, MS the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $154K prices and $932/mo rents suits that approach.

Does Kokomo, MS favor landlords or tenants?

Rental owners in Kokomo, MS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Is it easy to find good tenants in Kokomo, MS?

The renter base in Kokomo, MS is reasonable for the $932/mo price point. Screening well and pricing to market typically yields reliable tenants.

What does house hacking look like in Kokomo, MS?

For house hackers, Kokomo, MS is a challenging. The $932/mo rent on a unit helps defray the mortgage on a $154K property.

Is Kokomo, MS a smart market for rental property?

With a 3.0/5 investability score, Kokomo, MS ranks as a solid market for rental property investors. Median prices of $154K and rents of $932/mo drive the underlying numbers.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Kokomo, MS.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.