1418 W North StKokomoIN46901
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kokomo at 1418 W North St, Kokomo, IN, 46901 at $179,000 posts ROI 29.26% with $463/mo cash flow from $1,537/mo rent. Total monthly income equals $1,537/mo, and annual cash flow records $5,551/yr on $59,339 to close. Return on cash invested measures 29.26% and rental yield reads 10.3% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 152.79% and total cumulative return in cash totals $90,663.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,537/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
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