1627 S Webster St, Kokomo, IN, 46902 | $495/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1627 S Webster St, Kokomo, IN, 46902 | $495/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1008 sft

2448 Tam O Shanter Rd, Kokomo, IN, 46902

3 Bed
1 Bath
1200 sft

4368 S 580 W, Russiaville, IN, 46979

2 Bed
2 Bath
2361 sft

508 Glendale Dr, Frankfort, IN, 46041

4 Bed
4 Bath
4100 sft

2953 Waterstone Pl, Kokomo, IN, 46902

Nearby investment properties with comparable prices

3 Bed
1 Bath
1344 sft

2449 Tam O Shanter Rd, Kokomo, IN, 46902

3 Bed
1 Bath
3050 sft

450 W Green St, Frankfort, IN, 46041

3 Bed
1 Bath
1224 sft

1918 Elva Dr, Kokomo, IN, 46902

3 Bed
1 Bath
1350 sft

516 Holly Ln, Kokomo, IN, 46902

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kokomo at 1627 S Webster St, Kokomo, IN, 46902 uses $51,349 cash to close to unlock $5,944/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $1,425/mo, and a $758/mo payment keeps the spread at $495/mo. Purchase price stands at $154,900, and rental yield measures 11.04% with $1,425/mo rent. Return on cash invested shows 31.48% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 164.72% and total cumulative return in cash records $84,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,425/mo property income covering a $758/mo payment rather than investor’s personal income.

Single Family

Built in 1916

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into timeless character with this beautifully maintained 3-bedroom, 2-bath bungalow, ideally situated on a desirable corner lot just walking distance from Highland Park. From the welcoming enclosed front porch to the pleasing layout showcasing large windows, and attractive LVP flooring, this home exudes warmth and charm. The main bedroom with dual closets and a private ensuite bath provides privacy and functionality. The heart of the homea quality, custom kitchenshowcases custom cabinetry. Craftsman touches such as tall profile wood trim, and built-ins, add to the home's personality and appeal while the main floor laundry adds convenience. Enjoy outdoor living in the fully fenced backyard, perfect for pets, play, or quiet evenings. Home has been digitally staged.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.

Housing Distribution

Housing Statistics

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