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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% |
Rental property for sale in Kokomo at 1210 W Blvd, Kokomo, IN, 46902 priced at $119,900 converts $938/mo rent into $153/mo cash flow after a $587/mo obligation. Total monthly income equals $938/mo, and annual cash flow totals $1,837/yr on $39,747 invested. Return on cash invested prints 24.53% in year one, and rental yield reads 9.39% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 128.22% and total cumulative return in cash sums $50,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $938/mo property income covering a $587/mo payment, not borrower’s personal income.
Condo
Built in 1971
2,178 sqft lot
$N/A/sqft
$65 monthly 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $119,900 |
| 2022-03-21 | Sold | $99,900 |
| 2022-03-07 | Pending sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Naomi Eason • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508548
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.
