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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 1213 W Zartman Rd, Kokomo, IN, 46902 at $195,000 posts ROI 26.03% with $330/mo cash flow from $1,500/mo rent. Total monthly income equals $1,500/mo, and annual cash flow records $3,958/yr on $64,643 to close. Return on cash invested measures 26.03% and rental yield reads 9.23% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 135.42% and total cumulative return in cash totals $87,538.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.72 Acres 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 |
|---|---|---|
| 2024-10-04 | Price change | $195,000 |
| 2024-09-26 | Price change | $200,000 |
| 2024-09-20 | Listed for sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1423.00 | 13.39% | $141,100 | N/A |
| 2022-10-17 | $1255.00 | 11.16% | $141,100 | 13.33% |
| 2021-10-17 | $1129.00 | 7.32% | $124,500 | 11.26% |
What's Special
Pull Down Stairs,Storage
Listed by: Maura Kennedy • AMR Real Estate, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438187
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.
