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 757 Willowridge Dr, Kokomo, IN
Listed for sale 2 days ago
$ 339,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign242
  • 2 Bed
  • 2 Bath
  • 1907 sft
757 Willowridge Dr, Kokomo, IN, 46901
Property at 3016 Lamplighter Ln, Kokomo, IN
Listed for sale 4 days ago
$ 380,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign513
  • 3 Bed
  • 2 Bath
  • 1967 sft
3016 Lamplighter Ln, Kokomo, IN, 46902
Property at 2819 S Rockford Ct, Kokomo, IN
$ 175,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign48
  • 2 Bed
  • 1 Bath
  • 1098 sft
2819 S Rockford Ct, Kokomo, IN, 46902
Property at 521 Sagebrush Dr, Kokomo, IN
$ 299,900
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign410
  • 3 Bed
  • 2 Bath
  • 2294 sft
521 Sagebrush Dr, 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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