2565 Chrystal Woods DrKokomoIN46901
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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
Investment Highlights
Rental property for sale in Kokomo at 2565 Chrystal Woods Dr, Kokomo, IN, 46901 offers $2,430/mo rent that, after a $2,153/mo payment. Total monthly income is $2,430/mo. Return on cash invested measures 18.11% in year one, and rental yield stands at 6.63% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 92.98% and total cumulative return in cash reaches $135,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,430/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.38 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
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Listed by: Joe Martino • Martino Realty & Auctioneers - Monticello
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512269
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.