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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 1310 E Vaile Ave, Kokomo, IN, 46901 uses $61,328 cash to close to unlock $7,812/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,761/mo, and a $905/mo payment keeps the spread at $651/mo. Purchase price stands at $185,000, and rental yield measures 11.42% with $1,761/mo rent. Return on cash invested shows 32.65% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 170.88% and total cumulative return in cash records $104,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,761/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,311 (100%) |
| Owner Occupied HU | 10,862 (59.3%) |
| Renter Occupied HU | 5,385 (29.4%) |
| Vacant Housing Units | 2,064 (11.3%) |
| Median Home Value | $165,136 |
| Average Home Value | $194,138 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Sold | $185,000 |
| 2025-06-26 | Price change | $189,900 |
| 2025-06-10 | Listed for sale | $197,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1078.00 | 24.01% | $124,900 | 15.86% |
| 2023-10-20 | $869.28 | 48.63% | $107,800 | 15.54% |
| 2022-10-20 | $584.88 | 22.86% | $93,300 | 17.95% |
Listed by: Nicci Perkins • Custom Moves Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521915
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.
