Under $300K Investment Properties for Sale in Kokomo, IN

Property at 2302 Baton Rouge Dr, Kokomo, IN
Listed for sale 2 days ago
$ 219,900
ROI
32.9ROI percentage
Cash Flow/m
Dollar sign804
  • 4 Bed
  • 2 Bath
  • 1940 sft
2302 Baton Rouge Dr, Kokomo, IN, 46902
Property at 479 N 480 W, Kokomo, IN
Listed for sale 2 days ago
$ 282,900
ROI
31.8ROI percentage
Cash Flow/m
Dollar sign948
  • 4 Bed
  • 3 Bath
  • 2108 sft
479 N 480 W, Kokomo, IN, 46901
Property at 1135 S Bell St, Kokomo, IN
Listed for sale 2 days ago
$ 152,900
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 2 Bath
  • 1100 sft
1135 S Bell St, Kokomo, IN, 46902
Property at 1717 N Webster St, Kokomo, IN
Listed for sale 2 days ago
$ 134,900
ROI
31.0ROI percentage
Cash Flow/m
Dollar sign420
  • 2 Bed
  • 1 Bath
  • 884 sft
1717 N Webster 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.

Find Your Perfect Investment Property in Kokomo, Indiana

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