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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 1409 Conti Ln, Kokomo, IN, 46902 earns $334/mo cash flow from $1,448/mo rent with a $908/mo payment. Total monthly income totals $1,448/mo, and annual cash flow totals $4,013/yr on $61,493 capital. ROI tracks 26.43% on current figures, and rental yield reads 9.37% at a $185,500 purchase. Equity gained on principal adds $1,197/yr, and 5% annual appreciation supports $51,250 over five years. Five-year ROI reaches 137.64% and total cumulative return in cash sums $84,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Single Family
Built in 1966
7,840 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 |
|---|---|---|
| 2005-03-31 | Sold | $79,000 |
| 2002-10-02 | Sold | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $1277.00 | 5.97% | $138,100 | 8.14% |
| 2023-08-15 | $1205.06 | 17.08% | $127,700 | 5.10% |
| 2022-08-15 | $1029.28 | 7.13% | $121,500 | 16.05% |
Listed by: Ian Hoffar • Wynkoop Brokerage Firm, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532155
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.
