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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 1904 Tam O Shanter Ct, Kokomo, IN, 46902 uses $54,996 cash to close to unlock $1,849/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,150/mo, and a $812/mo payment keeps the spread at $154/mo. Purchase price stands at $165,900, and rental yield measures 8.32% with $1,150/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 120.72% and total cumulative return in cash records $66,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,150/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,712 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 |
|---|---|---|
| 2025-08-12 | Listed for sale | $165,900 |
| 2006-11-13 | Sold | $47,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-14 | $189.44 | -22.32% | $95,500 | 23.70% |
| 2023-08-14 | $243.88 | 50.17% | $77,200 | 4.61% |
| 2022-08-14 | $162.40 | -67.28% | $73,800 | 14.95% |
Listed by: Angie M Roe • Heartland Real Estate Brokers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531975
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.
