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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% |
Rental property for sale in Kokomo at 25 Southdowns Dr, Kokomo, IN, 46902 priced at $155,000 pairs $1,195/mo rent with $264/mo cash flow after a $759/mo payment. Total monthly income equals $1,195/mo, and annual cash flow comes to $3,171/yr on $51,383 invested. Return on cash invested is 26.08% in year one, and rental yield stands at 9.25% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 135.77% and total cumulative return in cash reaches $69,760. For financing, Ziffy Mortgage’s DSCR program evaluates $1,195/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.34 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 |
|---|---|---|
| 2024-09-10 | Listed for sale | $155,000 |
| 2018-07-31 | Sold | $66,000 |
| 2018-06-06 | Price change | $69,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $659.72 | 16.25% | $88,200 | 15.14% |
| 2022-10-17 | $567.52 | 19.34% | $76,600 | 13.31% |
| 2021-10-17 | $475.54 | 2.45% | $67,600 | 14.77% |
Listed by: Gina Key • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434907
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.
