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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 2210 N Apperson Way, Kokomo, IN, 46901 at $125,000 posts ROI 28.9% with $310/mo cash flow from $1,061/mo rent. Total monthly income equals $1,061/mo, and annual cash flow records $3,726/yr on $41,438 to close. Return on cash invested measures 28.9% and rental yield reads 10.19% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 150.89% and total cumulative return in cash totals $62,525.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,061/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,311 (100%) |
| Owner Occupied HU | 10,862 (59.3%) |
| Renter Occupied HU | 5,385 (29.4%) |
| Vacant Housing Units | 2,064 (11.3%) |
| Median Home Value | $165,136 |
| Average Home Value | $194,138 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $412.00 | -13.45% | $24,000 | 16.50% |
| 2023-04-25 | $476.00 | 20.20% | $20,600 | -13.45% |
| 2022-04-25 | $396.00 | 9.39% | $23,800 | 20.20% |
Listed by: Josh Murdock • Murdock Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514426
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.
