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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 2106 Mohr Dr, Kokomo, IN, 46902 generates $2,148/mo in rent and, after a $1,101/mo payment, leaves $798/mo in cash flow. Total monthly income is $2,148/mo, and annual cash flow is $9,571/yr on $74,588 invested. Return on cash invested sits at 32.74% in year one, and rental yield is 11.46% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 171.43% and total cumulative return in cash sums $127,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.29 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $225,000 |
| 2020-05-20 | Sold | $149,900 |
| 2020-03-11 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | $1829.00 | 22.75% | $187,800 | 5.45% |
| 2022-03-17 | $1490.00 | 19.77% | $178,100 | 23.00% |
| 2021-03-17 | $1244.00 | 18.82% | $144,800 | 14.29% |
Listed by: Kyle Morris • F.C. Tucker Company - Carmel
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508208
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.
