1838 Hunters Cove Cir, Kokomo, IN, 46902 | $40/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1838 Hunters Cove Cir, Kokomo, IN, 46902 | $40/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 1838 Hunters Cove Cir, Kokomo, IN, 46902 listed at $329,000 pairs $2,303/mo rent with a $1,610/mo payment to leave $40/mo cash flow. Total monthly income runs $2,303/mo, and annual cash flow reaches $474/yr on $109,064 cash to close. Return on cash invested measures 20.34% in year one, and rental yield registers 8.4% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 106.1% and total cumulative return in cash totals $115,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,303/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2003

0.26 Acres lot

$N/A/sqft

$115 monthly HOA

More details about the property

Welcome to your dream home in the coveted Walnut Estates community! This beautiful, all-brick, 2-bedroom, 2-bathroom single-family home offers 1,916 square feet of comfortable living space. Built in 2003, this home has been meticulously maintained and is move-in ready. Situated on the 14th tee of the picturesque Wildcat Creek Golf Course, you'll enjoy stunning views and a serene environment. The interior features a mix of tile, carpet, and laminate flooring. The kitchen comes fully equipped with a dishwasher, garbage disposal, microwave, range/oven, and refrigerator. With forced air heating and central cooling, you'll be comfortable year-round. The property includes an attached garage and a crawl space foundation. The HOA fee of $115/month covers lawn mowing, fertilization, and snow removal, providing you with a maintenance-free lifestyle. This home is located in the highly-rated Western School District. Don't miss this opportunity to own a beautiful home in a prime location!

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