Investment Properties for Sale in Kokomo, IN

Property at Cooper Plan, Bivens Proper, Arbor Series, Kokomo, IN
Listed for sale 1 day ago
$ 317,995
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign251
  • 4 Bed
  • 3 Bath
  • 2813 sft
Cooper Plan, Bivens Proper, Arbor Series, Kokomo, IN, 46902
Property at 2302 Baton Rouge Dr, Kokomo, IN
Listed for sale 2 days ago
$ 219,900
ROI
32.9ROI percentage
Cash Flow/m
Dollar sign804
  • 4 Bed
  • 2 Bath
  • 1940 sft
2302 Baton Rouge Dr, Kokomo, IN, 46902
Property at 479 N 480 W, Kokomo, IN
Listed for sale 2 days ago
$ 282,900
ROI
31.8ROI percentage
Cash Flow/m
Dollar sign948
  • 4 Bed
  • 3 Bath
  • 2108 sft
479 N 480 W, Kokomo, IN, 46901
Property at 1135 S Bell St, Kokomo, IN
Listed for sale 2 days ago
$ 152,900
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 2 Bath
  • 1100 sft
1135 S Bell St, Kokomo, IN, 46902

Why Invest in Kokomo, Indiana?

Kokomo, Indiana offers strong potential for real estate investors seeking stable returns in a growing market. Recent data shows home values up 7.3% over the past year with forecasts of 1.8-4.2% appreciation ahead[1][2][5]. Rental yields benefit from affordable median home prices around $168K-$177K and a renter-occupied rate supporting cash flow[2][3]. Cap rates remain attractive amid low vacancy and steady job opportunities in manufacturing. Investor sentiment is positive with homes selling competitively.

7.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

The median home price in Kokomo is around $168K-$177K, up 7.3-7.5% from last year. Homes sell competitively after 44-47 days on average. This affordability attracts investors seeking cash flow.

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