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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 2 days ago
$ 308,995
ROI
22.6
Cash Flow/m
244- 5 Bed
- 3 Bath
- 3198 sft
Empress Plan, Highland Springs, Kokomo, IN, 46902
Listed for sale 2 days ago
$ 304,995
ROI
22.3Cash Flow/m
215- 4 Bed
- 3 Bath
- 2813 sft
Cooper Plan, Highland Springs, Kokomo, IN, 46902
Listed for sale 2 days ago
$ 304,995
ROI
22.6Cash Flow/m
238- 4 Bed
- 3 Bath
- 2961 sft
Norway Plan, Highland Springs, Kokomo, IN, 46902
Listed for sale 2 days ago
$ 274,995
ROI
23.9Cash Flow/m
318- 4 Bed
- 3 Bath
- 2176 sft
Aspen II Plan, Highland Springs, Kokomo, IN, 46902
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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