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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Kokomo, IN
Listed for sale 3 days ago
$ 229,900
ROI
28.8
Cash Flow/m
580- 3 Bed
- 2 Bath
- 1224 sft
818 Springwater Rd, Kokomo, IN, 46902
Listed for sale 3 days ago
$ 119,900
ROI
33.4Cash 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
30.7Cash Flow/m
392- 2 Bed
- 2 Bath
- 892 sft
918 N Leeds St, Kokomo, IN, 46901
Listed for sale 4 days ago
$ 209,000
ROI
22.7Cash Flow/m
173- 3 Bed
- 3 Bath
- 1560 sft
617 W Jefferson St, Kokomo, IN, 46901
Why Invest in Kokomo, Indiana?
Discover investment opportunities in Kokomo, IN under $300K, offering affordable entry into a stable Midwest market. Properties in this price range provide solid rental yields and cash flow potential for investors. With proximity to manufacturing hubs, demand from renters remains steady. Annual appreciation around 4% supports long-term growth. Cap rates hover at 7-8%, attractive for value-add strategies.
9.5%
Avg. ROI
8.2%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Investors see average ROI of 9-10% with cap rates around 7.5%. Rental yields average 8% due to steady demand from manufacturing workers. Cash flow often exceeds $400 monthly after expenses.
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