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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 2004 Great Pumpkin Ln, Kokomo, IN, 46902 with 5% annual appreciation on a $199,900 basis while $1,561/mo rent supports operations. Total monthly income totals $1,561/mo and a $978/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,337/yr on $66,267 deployed, and return on cash invested reaches 26.45% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.37%. Five-year ROI measures 137.73% and total cumulative return in cash totals $91,273.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,561/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.46 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $1149.48 | -14.58% | $165,300 | 5.02% |
| 2023-04-02 | $1345.68 | 43.31% | $157,400 | -2.72% |
| 2022-04-02 | $938.98 | 12.95% | $161,800 | 12.83% |
Listed by: Andy Hardie • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510703
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.
