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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% |
Total monthly income runs $848/mo, and a $778/mo payment. Purchase price stands at $158,900, and rental yield measures 6.4% with $848/mo rent. Return on cash invested shows 16.89% in year one, and 5% annual appreciation builds toward $43,901 over five years. Five-year ROI reaches 86.67% and total cumulative return in cash records $45,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $848/mo property income covering a $778/mo payment rather than investor’s personal income.
Multi Family
Built in 1994
5,227 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $158,900 |
| 2023-07-25 | Sold | $128,900 |
| 2023-07-01 | Pending sale | $118,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $1634.00 | 18.41% | $90,700 | 11.29% |
| 2023-03-31 | $1380.00 | 35.83% | $81,500 | 18.46% |
| 2022-03-31 | $1016.00 | 17.32% | $68,800 | 35.97% |
Listed by: Brad W Tomlinson • F.C. Tucker-Tomlinson
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510288
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.
