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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Kokomo, IN
Listed for sale 3 days ago
$ 229,900
ROI
28.8
Cash Flow/m
580- 3 Bed
- 2 Bath
- 1224 sft
818 Springwater Rd, Kokomo, IN, 46902
Listed for sale 3 days ago
$ 119,900
ROI
33.4Cash Flow/m
456- 2 Bed
- 1 Bath
- 712 sft
1718 S Courtland Ave, Kokomo, IN, 46902
Listed for sale 3 days ago
$ 129,000
ROI
30.7Cash Flow/m
392- 2 Bed
- 2 Bath
- 892 sft
918 N Leeds St, Kokomo, IN, 46901
Listed for sale 4 days ago
$ 209,000
ROI
22.7Cash Flow/m
173- 3 Bed
- 3 Bath
- 1560 sft
617 W Jefferson St, Kokomo, IN, 46901
Why Invest in Kokomo, Indiana?
Kokomo, IN offers high rental yield opportunities for investors seeking strong cash flow in the Midwest. With average rents around $1,000 monthly and a renter-occupied rate near 40%, properties here deliver solid returns. Cap rates hover at 8-10% amid stable demand from manufacturing jobs. Annual appreciation of 3-5% supports long-term growth. Low vacancy and rising rents make it ideal for high-yield strategies.
9.5%
Avg. ROI
8.7%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Strong manufacturing jobs from Chrysler and BorgWarner fuel demand. Low median rents around $1,000 pair with affordable purchase prices for 8-9% yields. Renter occupancy near 38% ensures steady cash flow.
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