Under $200K Investment Properties for Sale in Kokomo, IN
Listed for sale 1 day ago
$ 125,000
ROI
25.3
Cash Flow/m
192- 2 Bed
- 1 Bath
- 810 sft
1605 N Locke St, Kokomo, IN, 46901
Listed for sale 2 days ago
$ 152,900
ROI
24.7Cash Flow/m
210- 3 Bed
- 2 Bath
- 1100 sft
1135 S Bell St, Kokomo, IN, 46902
Listed for sale 2 days ago
$ 134,900
ROI
31.0Cash Flow/m
420- 2 Bed
- 1 Bath
- 884 sft
1717 N Webster St, Kokomo, IN, 46901
Listed for sale 3 days ago
$ 129,900
ROI
26.8Cash Flow/m
254- 3 Bed
- 1 Bath
- 1050 sft
2711 N Waugh St, Kokomo, IN, 46901
Why Invest in Kokomo, Indiana?
Kokomo, IN offers strong investment potential in homes under $200k, with median prices around $168k-$177k providing accessible entry points. Recent appreciation of 7.3%-7.5% supports steady value growth[2][3]. Rental yields average 8-9% due to affordable acquisitions and stable demand. Cap rates hover at 9-10% with positive cash flow opportunities. Renter-occupied units at 38% indicate reliable tenant pools amid local job stability.
12.5%
Avg. ROI
8.7%
Rental Yield
9.4%
Cap Rate
$425/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
7.3%
1Y Appreciation
Frequently Asked Questions
Yes, median home prices are $168k-$177k, with many properties under $200k offering strong entry for investors. Appreciation of 7% supports flips and rentals. Inventory includes single-family homes ideal for cash flow.
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