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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 1145 S Lewis St, Kokomo, IN, 46902 earns $466/mo cash flow from $1,534/mo rent with a $871/mo payment. Total monthly income totals $1,534/mo, and annual cash flow totals $5,589/yr on $59,007 capital. ROI tracks 29.38% on current figures, and rental yield reads 10.34% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 153.4% and total cumulative return in cash sums $90,517. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,534/mo property income instead of your personal income.
Single Family
Built in 1979
9,147 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 |
|---|---|---|
| 2024-10-07 | Listed for sale | $178,000 |
| 2024-05-24 | Sold | $55,103 |
| 2024-04-24 | Pending sale | $45,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1020.68 | 12.04% | $61,500 | 20.59% |
| 2022-10-17 | $911.00 | 6.56% | $51,000 | 12.09% |
| 2021-10-17 | $854.90 | -22.47% | $45,500 | 6.56% |
Listed by: Emily Ramos • True Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438808
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.
