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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 1015 W Jefferson St, Kokomo, IN, 46901 earns $207/mo cash flow from $987/mo rent with a $636/mo payment. Total monthly income totals $987/mo, and annual cash flow totals $2,483/yr on $43,095 capital. ROI tracks 25.67% on current figures, and rental yield reads 9.11% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash sums $57,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $987/mo property income instead of your personal income.
Single Family
Built in 1900
6,534 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 |
|---|---|---|
| 2025-03-16 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-18 | $553.20 | 35.64% | $72,700 | 4.60% |
| 2022-03-18 | $407.84 | 4.61% | $69,500 | 35.21% |
| 2021-03-18 | $389.88 | 7.58% | $51,400 | N/A |
Listed by: Amy C True • True Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508463
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.
