High Rental Yield Investment Properties for Sale in Kokomo, IN

Property at Cooper Plan, Bivens Proper, Arbor Series, Kokomo, IN
Listed for sale 1 day ago
$ 317,995
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign251
  • 4 Bed
  • 3 Bath
  • 2813 sft
Cooper Plan, Bivens Proper, Arbor Series, Kokomo, IN, 46902
Property at 2302 Baton Rouge Dr, Kokomo, IN
Listed for sale 2 days ago
$ 219,900
ROI
32.9ROI percentage
Cash Flow/m
Dollar sign804
  • 4 Bed
  • 2 Bath
  • 1940 sft
2302 Baton Rouge Dr, Kokomo, IN, 46902
Property at 479 N 480 W, Kokomo, IN
Listed for sale 2 days ago
$ 282,900
ROI
31.8ROI percentage
Cash Flow/m
Dollar sign948
  • 4 Bed
  • 3 Bath
  • 2108 sft
479 N 480 W, Kokomo, IN, 46901
Property at 1135 S Bell St, Kokomo, IN
Listed for sale 2 days ago
$ 152,900
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 2 Bath
  • 1100 sft
1135 S Bell St, 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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