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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 1317 W Tate St, Kokomo, IN, 46901 with 5% annual appreciation on a $205,000 basis while $1,423/mo rent supports operations. Total monthly income totals $1,423/mo and a $1,003/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,996/yr on $67,958 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 8.33%. Five-year ROI measures 118.56% and total cumulative return in cash totals $80,574.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,423/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
9,147 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 |
|---|---|---|
| 2025-08-14 | Sold | $205,000 |
| 2025-07-09 | Pending sale | $199,000 |
| 2025-05-14 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2020.00 | 12.85% | $108,900 | 7.82% |
| 2023-10-27 | $1790.00 | N/A | $101,000 | 12.85% |
| 2022-10-27 | N/A | N/A | $89,500 | 17.15% |
Listed by: Kristine E Miller • Apple Tree Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517668
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.
