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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 2136 Upland Ridge Way, Kokomo, IN, 46902 offers a 7.29% rental yield on a $329,900 purchase with $2,003/mo rent. 79% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 102.13% and total cumulative return in cash at $111,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,003/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$400 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 |
|---|---|---|
| 2025-10-13 | Sold | $329,900 |
| 2025-07-31 | Price change | $329,900 |
| 2025-07-08 | Price change | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $9.00 | N/A | $157,600 | 52433.33% |
| 2023-10-30 | N/A | N/A | $300 | N/A |
Listed by: Jamie L Leach • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523125
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.
