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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 1740 Pond View Dr, Kokomo, IN, 46902 uses $127,628 cash to close to unlock $3,807/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,884/mo payment keeps the spread at $317/mo. Purchase price stands at $385,000, and rental yield measures 8.19% with $2,628/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 118.62% and total cumulative return in cash records $151,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.30 Acres 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 |
|---|---|---|
| 2025-06-23 | Listed for sale | $385,000 |
| 2022-09-19 | Sold | $320,000 |
| 2022-08-29 | Pending sale | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $2883.00 | -7.98% | $294,000 | 1.98% |
| 2023-06-25 | $3133.00 | 7.77% | $288,300 | 6.58% |
| 2022-06-25 | $2907.00 | -1.96% | $270,500 | 7.47% |
Listed by: Tom L Harrold • Harrold-Chandler Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524034
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.
