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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Kokomo, IN

Fix & Flip
$ 109,900
ROI
34.6
Cash Flow/m
455- 4 Bed
- 2 Bath
- 3396 sft
311 W Walnut St, Kokomo, IN, 46901

$ 310,000
ROI
23.2
Cash Flow/m
299- 8 Bed
- 4 Bath
- 2976 sft
1320 & 1324 S Waugh St, Kokomo, IN, 46902

$ 155,000
ROI
34.5
Cash Flow/m
637- 4 Bed
- 2 Bath
- 1488 sft
1324 S Waugh St, Kokomo, IN, 46902

$ 155,000
ROI
34.9
Cash Flow/m
654- 4 Bed
- 2 Bath
- 1488 sft
1320 S Waugh St, Kokomo, IN, 46902
Why Invest in Kokomo, Indiana?
Investing in multifamily properties in Kokomo, IN, presents a strong opportunity due to the city's affordable rental rates and competitive cap rates. With an average cash flow of $1,200 per month, investors can benefit from a rental yield of around 7%, and a steady appreciation rate of 4% annually makes this market attractive.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily units in Kokomo is about $1,600 per month, providing a good return on investment for property owners.
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