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

Condo Investment Properties for Sale in Kokomo, IN

Property at 429 Mirage Dr, Kokomo, IN
Listed for sale 5 days ago
$ 184,900
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign258
  • 2 Bed
  • 2 Bath
  • 1148 sft
429 Mirage Dr, Kokomo, IN, 46901
Property at 207 S Forest Dr, Kokomo, IN
$ 225,000
ROI
31.9ROI percentage
Cash Flow/m
Dollar sign759
  • 4 Bed
  • 2 Bath
  • 2512 sft
207 S Forest Dr, Kokomo, IN, 46901
Property at 3111 Enclave Ct, Kokomo, IN
$ 294,500
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign59
  • 2 Bed
  • 2 Bath
  • 1719 sft
3111 Enclave Ct, Kokomo, IN, 46902
Property at 2809 Rockford Ct S, Kokomo, IN
$ 174,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign52
  • 2 Bed
  • 1 Bath
  • 1098 sft
2809 Rockford Ct S, 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.

Find Your Perfect Investment Property in Kokomo, Indiana

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Kokomo, IN
Fix and Flip Properties in Kokomo, IN
Short-Term Rental Properties in Kokomo, IN
AI