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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 2305 S Webster St, Kokomo, IN, 46902 at $189,900 posts ROI 29.87% with $522/mo cash flow from $1,718/mo rent. Total monthly income equals $1,718/mo, and annual cash flow records $6,268/yr on $62,952 to close. Return on cash invested measures 29.87% and rental yield reads 10.86% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 156.41% and total cumulative return in cash totals $98,465.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,718/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
6,534 sqft 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $189,900 |
| 2024-01-12 | Listing removed | $184,700 |
| 2023-12-06 | Listed for sale | $184,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $2250.00 | 3.31% | $131,500 | 16.89% |
| 2023-04-25 | $2178.00 | 23.89% | $112,500 | 3.31% |
| 2022-04-25 | $1758.00 | 181.06% | $108,900 | 23.89% |
Listed by: Kevin Hill • Hill Properties Group LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514402
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.
