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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% |
Rental property for sale in Kokomo at 2066 Maple Leaf Dr, Kokomo, IN, 46902 priced at $465,000 pairs $3,824/mo rent with $1,008/mo cash flow after a $2,276/mo payment. Total monthly income equals $3,824/mo, and annual cash flow comes to $12,091/yr on $154,148 invested. Return on cash invested is 27.75% in year one, and rental yield stands at 9.87% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 144.73% and total cumulative return in cash reaches $223,103. For financing, Ziffy Mortgage’s DSCR program evaluates $3,824/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2024-10-14 | Price change | $465,000 |
| 2024-08-06 | Price change | $469,000 |
| 2024-06-25 | Listed for sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3135.00 | N/A | $310,800 | -0.86% |
| 2022-10-17 | N/A | N/A | $313,500 | 104400.00% |
| 2021-10-17 | $9.00 | N/A | $300 | N/A |
Listed by: Dianna Wilburn • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423379
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.
