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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 1 day ago
$ 289,900
ROI
23.4
Cash Flow/m
295- 3 Bed
- 2 Bath
- 2684 sft
1810 E Jefferson St, Kokomo, IN, 46901

Listed for sale 1 day ago
$ 219,000
ROI
27.7
Cash Flow/m
482- 3 Bed
- 1 Bath
- 1536 sft
437 W 400 S, Kokomo, IN, 46902

Listed for sale 1 day ago
$ 225,000
ROI
29.9
Cash Flow/m
635- 3 Bed
- 2 Bath
- 1296 sft
1408 W Blvd, Kokomo, IN, 46902

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
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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