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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 1 day ago
$ 155,000
ROI
27.3
Cash Flow/m
326- 2 Bed
- 1 Bath
- 812 sft
1219 W Madison St, Kokomo, IN, 46901
Listed for sale 1 day ago
$ 153,000
ROI
25.6Cash Flow/m
249- 3 Bed
- 2 Bath
- 1704 sft
710 E Superior St, Kokomo, IN, 46901
Listed for sale 1 day ago
$ 117,000
ROI
25.7Cash Flow/m
193- 2 Bed
- 1 Bath
- 912 sft
1610 N Jay St, Kokomo, IN, 46901
Listed for sale 1 day ago
$ 118,000
ROI
26.0Cash Flow/m
207- 3 Bed
- 1 Bath
- 960 sft
1008 E Spraker 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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