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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 1533 W Walnut St, Kokomo, IN, 46901 earns $227/mo cash flow from $1,218/mo rent with a $808/mo payment. Total monthly income totals $1,218/mo, and annual cash flow totals $2,725/yr on $54,698 capital. ROI tracks 24.89% on current figures, and rental yield reads 8.86% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash sums $70,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,218/mo property income instead of your personal income.
Single Family
Built in 1941
7,405 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 |
|---|---|---|
| 2025-08-27 | Sold | $165,000 |
| 2025-08-08 | Pending sale | $159,900 |
| 2025-08-05 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1118.00 | -0.36% | $111,800 | N/A |
| 2023-10-10 | $1122.00 | 10.32% | $111,800 | -0.36% |
| 2022-10-10 | $1017.00 | 25.35% | $112,200 | 10.32% |
Listed by: Jennifer Heflin • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530852
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.
