








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 2006 Capitol Hill Ct, Kokomo, IN, 46902 offers a 5.97% rental yield on a $430,000 purchase with $2,139/mo rent. 18% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 82.64% and total cumulative return in cash at $117,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,139/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.33 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 |
|---|---|---|
| 2025-05-27 | Listed for sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Pull Down Stairs
Listed by: Christy Dechert • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519552
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.