2626 W Sycamore Rd, Kokomo, IN, 46901 | $246/mo Cash Flow

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2626 W Sycamore Rd, Kokomo, IN, 46901 | $246/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kokomo at 2626 W Sycamore Rd, Kokomo, IN, 46901 uses $49,725 cash to close to unlock $2,949/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,146/mo, and a $734/mo payment keeps the spread at $246/mo. Purchase price stands at $150,000, and rental yield measures 9.17% with $1,146/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.43% and total cumulative return in cash records $66,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,146/mo property income covering a $734/mo payment rather than investor’s personal income.

Single Family

Built in 1956

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming ranch-style home offers a great opportunity for those looking to add their personal touch. Featuring three bedrooms and two full bathrooms, the layout also includes a potential fourth bedroom, providing flexibility for a growing family, home office, or guest space. The home includes a bright sunroom, perfect for relaxing or entertaining year-round. While the property does need some cosmetic updates, it has solid bones and plenty of potential to become a comfortable, modern space. Energy efficiency is already in place with installed solar panels and a backup generator, offering long-term savings and peace of mind. Outside, a large fenced backyard provides privacy and space for kids, pets, or gardening. This home is a great investment in a convenient Kokomo location.

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