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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 1707 Oakhill Rd, Kokomo, IN, 46902 offers a 16.74% rental yield on a $125,900 purchase with $1,756/mo rent. Total monthly income registers $1,756/mo, and a $616/mo payment leaves $998/mo available for distribution. Annual cash flow reaches $11,977/yr on $41,736 to close, and return on cash invested stands at 48.61% in year one. Equity gained on principal adds $812/yr while 5% annual appreciation supports $34,784 over five years. Portfolio math shows five-year ROI at 256.61% and total cumulative return in cash at $107,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,756/mo property income against a $616/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
8,276 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 |
|---|---|---|
| 2025-06-19 | Listing removed | N/A |
| 2025-06-12 | Listed for sale | $175,000 |
| 2008-11-13 | Sold | $44,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1074.00 | 1.13% | $125,900 | 17.44% |
| 2023-10-24 | $1062.00 | 21.06% | $107,200 | 5.10% |
| 2022-10-24 | $877.24 | 17.65% | $102,000 | 15.65% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
