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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 2424 S Webster St, Kokomo, IN, 46902 uses $67,958 cash to close to unlock $4,701/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,622/mo, and a $1,003/mo payment keeps the spread at $392/mo. Purchase price stands at $205,000, and rental yield measures 9.49% with $1,622/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 139.7% and total cumulative return in cash records $94,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,622/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.44 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 |
|---|---|---|
| 2025-07-07 | Sold | $205,000 |
| 2025-06-23 | Pending sale | $214,900 |
| 2025-06-02 | Listed for sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1359.00 | 18.48% | $158,300 | 16.48% |
| 2023-10-10 | $1147.00 | -4.10% | $135,900 | 18.48% |
| 2022-10-10 | $1196.00 | 1.44% | $114,700 | -4.10% |
Listed by: Lindsay Ousley • The Wyman Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520615
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.
