Condo Investment Properties in Kokomo, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Kokomo, IN

Property at 3231 Frances Ln, Kokomo, IN
Listed for sale 7 days ago
$ 189,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign359
  • 3 Bed
  • 2 Bath
  • 1247 sft
3231 Frances Ln, Kokomo, IN, 46902
Property at 3439 Weathered Rock Cir, Kokomo, IN
$ 255,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 2 Bath
  • 1369 sft
3439 Weathered Rock Cir, Kokomo, IN, 46902
Property at 4026 Colter Dr, Kokomo, IN
$ 219,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign448
  • 2 Bed
  • 2 Bath
  • 1468 sft
4026 Colter Dr, Kokomo, IN, 46902
Property at 3356 Weathered Rock Cir, Kokomo, IN
$ 229,900
ROI
32.3ROI percentage
Cash Flow/m
Dollar sign805
  • 2 Bed
  • 2 Bath
  • 1549 sft
3356 Weathered Rock Cir, Kokomo, IN, 46902

Why Invest in Kokomo, Indiana?

Kokomo, Indiana offers strong potential for condo investors seeking stable returns in a growing market. Recent forecasts show home values rising 1.8-4.2% annually, supporting appreciation. With median home prices around $168K-$177K, condos provide accessible entry points. Rental demand benefits from local manufacturing jobs and retiree inflows. Cap rates hover around 7-8% with solid cash flow opportunities.

8.5%
Avg. ROI
7.2%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer solid cap rates around 7.5% and appreciation of 4.2% due to low entry prices under $180K. Stable manufacturing jobs drive rental demand. Retiree inflows add to occupancy reliability.

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