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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 2008 Rollingstone Dr, Kokomo, IN, 46902 listed at $259,000 pairs $2,179/mo rent with a $1,268/mo payment to leave $539/mo cash flow. Total monthly income runs $2,179/mo, and annual cash flow reaches $6,467/yr on $85,859 cash to close. Return on cash invested measures 27.44% in year one, and rental yield registers 10.1% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 143.4% and total cumulative return in cash totals $123,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,179/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
6,098 sqft lot
$N/A/sqft
$85 monthly 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 |
|---|---|---|
| 2025-07-31 | Listed for sale | $259,000 |
| 2019-05-03 | Sold | $164,000 |
| 2019-04-03 | Listed for sale | $168,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $1833.00 | -0.49% | $217,900 | 18.88% |
| 2023-08-02 | $1842.00 | 7.97% | $183,300 | -0.49% |
| 2022-08-02 | $1706.00 | 6.03% | $184,200 | 7.97% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
