Save Search
Filters Applied
EditEdit Filters
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
$ 142,000
ROI
34.1
Cash Flow/m
566- 3 Bed
- 2 Bath
- 1280 sft
800 E Jefferson St, Kokomo, IN, 46901

Listed for sale 1 day ago
$ 115,000
ROI
31.2
Cash Flow/m
367- 2 Bed
- 1 Bath
- 952 sft
1710 N Webster St, Kokomo, IN, 46901

Listed for sale 2 days ago
$ 199,900
ROI
23.0
Cash Flow/m
179- 3 Bed
- 2 Bath
- 2432 sft
200 E 250 N #275B, Kokomo, IN, 46901

Listed for sale 2 days ago
$ 196,000
ROI
26.8
Cash Flow/m
384- 4 Bed
- 3 Bath
- 2085 sft
316 Branded Blvd, 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.
Find Your Perfect Investment Property in Kokomo, Indiana
Explore investment opportunities by strategy, performance, or property type
