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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 1105 S Locke St, Kokomo, IN, 46902 earns $454/mo cash flow from $1,174/mo rent with a $587/mo payment. Total monthly income totals $1,174/mo, and annual cash flow totals $5,448/yr on $39,780 capital. ROI tracks 33.6% on current figures, and rental yield reads 11.74% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 176.04% and total cumulative return in cash sums $70,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,174/mo property income instead of your personal income.
Single Family
Built in 1909
5,532 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,938 (100%) |
| Owner Occupied HU | 11,124 (62.0%) |
| Renter Occupied HU | 5,386 (30.0%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $188,290 |
| Average Home Value | $212,863 |
Residential
17,385
Single Family
15,243
Multi-Family
2,142
Businesses
1,038
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Farrol Clark • Apple Tree Realty, LLC
Mls Name: IRMLS
Mls ID: #202536322
