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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 200 N Forest Dr, Kokomo, IN, 46901 at $247,500 posts ROI 27.79% with $539/mo cash flow from $2,024/mo rent. Total monthly income equals $2,024/mo, and annual cash flow records $6,464/yr on $82,046 to close. Return on cash invested measures 27.79% and rental yield reads 9.81% at the current $247,500. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 by year five. Five-year ROI prints 144.86% and total cumulative return in cash totals $118,853.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
0.47 Acres 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 |
|---|---|---|
| 2024-11-07 | Sold | $247,500 |
| 2024-10-29 | Pending sale | $249,900 |
| 2024-10-05 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1762.00 | -3.71% | $176,500 | 0.17% |
| 2023-11-02 | $1829.96 | 10.18% | $176,200 | -0.68% |
| 2022-11-02 | $1660.86 | 8.88% | $177,400 | 10.32% |
What's Special
Storage
Listed by: Joseph Parker • Mygrant Realty & Appraisals
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438723
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.
