1709 N Webster St, Kokomo, IN, 46901 | $629/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1709 N Webster St, Kokomo, IN, 46901 | $629/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kokomo at 1709 N Webster St, Kokomo, IN, 46901 offers a 11.78% rental yield on a $165,000 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $808/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,549/yr on $54,698 to close, and return on cash invested stands at 33.71% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 176.69% and total cumulative return in cash at $96,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1910

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

This will be a great Income producing property for someone. There are two units already rented out, one unit ready to rent out, and one unit that needs to be remodeled. Each unit has one bedroom and one bathroom, kitchen, and living room. Three of the units come with a refrigerator and stove/oven. You dont want To miss out on this opportunity.

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