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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 1821 W Judson Rd, Kokomo, IN, 46901 generates $1,498/mo in rent and, after a $661/mo payment, leaves $687/mo in cash flow. Total monthly income is $1,498/mo, and annual cash flow is $8,248/yr on $44,753 invested. Return on cash invested sits at 38.34% in year one, and rental yield is 13.32% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 201.51% and total cumulative return in cash sums $90,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,147 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 |
|---|---|---|
| 2025-09-05 | Sold | $135,000 |
| 2025-07-30 | Listed for sale | $140,000 |
| 2020-03-13 | Sold | $82,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $551.80 | 12.06% | $73,700 | 0.41% |
| 2023-10-30 | $492.40 | 17.55% | $73,400 | N/A |
| 2022-10-30 | $418.88 | 17.62% | $73,400 | 19.93% |
What's Special
Pull Down Stairs
Listed by: Mitchell M Rigsby • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529883
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.
