2421 Pinehurst Ln, Kokomo, IN, 46902 | $185/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2421 Pinehurst Ln, Kokomo, IN, 46902 | $185/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
819 sft

1722 E Clinton St, Frankfort, IN, 46041

4 Bed
2 Bath
1692 sft

1712 Boca Raton Blvd, Kokomo, IN, 46902

3 Bed
2 Bath
1634 sft

606 E Green St, Frankfort, IN, 46041

2 Bed
1 Bath
1448 sft

512 E Pike St, Kirklin, IN, 46050

Nearby investment properties with comparable prices

3 Bed
2 Bath
1224 sft

206 N Main St, Kempton, IN, 46049

2 Bed
1 Bath
976 sft

707 Blinn Ave, Frankfort, IN, 46041

2 Bed
1 Bath
1204 sft

521 N Young St, Frankfort, IN, 46041

3 Bed
2 Bath
2256 sft

603 E Boone St, Frankfort, IN, 46041

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kokomo at 2421 Pinehurst Ln, Kokomo, IN, 46902 listed at $194,000 pairs $1,350/mo rent with a $950/mo payment to leave $185/mo cash flow. Total monthly income runs $1,350/mo, and annual cash flow reaches $2,220/yr on $64,311 cash to close. Return on cash invested measures 23.36% in year one, and rental yield registers 8.35% at a $194,000 basis. Equity gained on principal adds $1,252/yr, and annual property appreciation at 5% supports $53,599 by year five. Five-year ROI tracks 121.09% and total cumulative return in cash totals $77,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,350/mo property income relative to a $950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

3 Bedroom 2 Bath One-Story Home Welcome to this charming one-story home in the Country Club Hills neighborhood, located in the Kokomo School Corporation district. With three comfortable bedrooms and two full bathrooms, the floor plan offers ease of living and convenience. Inside youll appreciate the attached two-car garage and two additional shedsperfect for extra storage, hobbies, or outdoor equipment. An enclosed porch adds versatility, whether youd like a sun-filled relaxation space, a seasonal sitting area. The exterior appeal of the home is matched by its practical layout, making it a great choice for first-time buyers, those looking to downsize, or anyone who wants single-floor living with extra bonus spaces.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.

Housing Distribution

Housing Statistics

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