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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Kokomo at 1000 N Webster St, Kokomo, IN, 46901 listed at $118,000 pairs $1,198/mo rent with a $578/mo payment to leave $489/mo cash flow. Total monthly income runs $1,198/mo, and annual cash flow reaches $5,871/yr on $39,117 cash to close. Return on cash invested measures 34.92% in year one, and rental yield registers 12.18% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 183.18% and total cumulative return in cash totals $71,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,198/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,311 (100%) |
| Owner Occupied HU | 10,862 (59.3%) |
| Renter Occupied HU | 5,385 (29.4%) |
| Vacant Housing Units | 2,064 (11.3%) |
| Median Home Value | $165,136 |
| Average Home Value | $194,138 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Sold | $118,000 |
| 2024-12-16 | Pending sale | $129,900 |
| 2024-11-05 | Price change | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $370.62 | 42.59% | $54,200 | 11.29% |
| 2023-11-02 | $259.92 | -3.83% | $48,700 | 51.71% |
| 2022-11-02 | $270.26 | 7.94% | $32,100 | 12.63% |
Listed by: Michele L Burke • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439965
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
