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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% |
Rental property for sale in Kokomo at 1608 W Sycamore St, Kokomo, IN, 46901 priced at $139,900 pairs $1,327/mo rent with $445/mo cash flow after a $685/mo payment. Total monthly income equals $1,327/mo, and annual cash flow comes to $5,344/yr on $46,377 invested. Return on cash invested is 31.43% in year one, and rental yield stands at 11.38% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 164.86% and total cumulative return in cash reaches $76,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,327/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $139,900 |
| 2000-10-13 | Sold | $58,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $1660.00 | 8.64% | $100,200 | 20.72% |
| 2023-03-20 | $1528.00 | 12.52% | $83,000 | 8.64% |
| 2022-03-20 | $1358.00 | 12.23% | $76,400 | 12.52% |
Listed by: Andy Hardie • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509042
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.
