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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Kokomo, IN

Listed for sale 3 days ago
$ 119,900
ROI
33.4
Cash 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
30.7
Cash Flow/m
392- 2 Bed
- 2 Bath
- 892 sft
918 N Leeds St, Kokomo, IN, 46901

Listed for sale 4 days ago
$ 149,900
ROI
33.5
Cash Flow/m
574- 3 Bed
- 1 Bath
- 1275 sft
2000 N Delphos St, Kokomo, IN, 46901

Listed for sale 4 days ago
$ 169,000
ROI
28.9
Cash Flow/m
432- 3 Bed
- 1 Bath
- 1566 sft
1722 N Wabash Ave, 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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