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 2848 Bridgestone Cir, Kokomo, IN
Listed for sale today
$ 249,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign575
  • 2 Bed
  • 2 Bath
  • 1575 sft
2848 Bridgestone Cir, Kokomo, IN, 46902
Property at 725 Santa Fe Blvd, Kokomo, IN
$ 170,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign360
  • 2 Bed
  • 2 Bath
  • 1148 sft
725 Santa Fe Blvd, Kokomo, IN, 46901
Property at 4031 Colter Dr, Kokomo, IN
$ 294,500
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign244
  • 2 Bed
  • 2 Bath
  • 1938 sft
4031 Colter Dr, Kokomo, IN, 46902
Property at 103 N Market St, Kokomo, IN
$ 135,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign267
  • 1 Bed
  • 2 Bath
  • 952 sft
103 N Market St, Kokomo, IN, 46901

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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