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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
$ 185,900
ROI
30.7
Cash Flow/m
568- 3 Bed
- 2 Bath
- 1368 sft
1908 Versailles Dr, Kokomo, IN, 46902

Listed for sale 1 day ago
$ 139,900
ROI
32.0
Cash Flow/m
478- 2 Bed
- 2 Bath
- 997 sft
1929 S Market St, Kokomo, IN, 46902

Listed for sale 1 day ago
$ 184,900
ROI
25.0
Cash Flow/m
269- 3 Bed
- 2 Bath
- 1300 sft
2408 1/2 N Purdum St, Kokomo, IN, 46901

Listed for sale 1 day ago
$ 104,900
ROI
25.5
Cash Flow/m
168- 2 Bed
- 1 Bath
- 998 sft
714 E Hoffer St, Kokomo, IN, 46902
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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