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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 2645 Wynterpointe Ct, Kokomo, IN, 46901 offers a 9.11% rental yield on a $195,000 purchase with $1,481/mo rent. Total monthly income registers $1,481/mo, and a $954/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,730/yr on $64,643 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 133.53% and total cumulative return in cash at $86,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,481/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| 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 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Sold | $195,000 |
| 2025-06-11 | Listed for sale | $199,900 |
| 2019-03-28 | Sold | $111,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1348.00 | 3.61% | $157,800 | 17.06% |
| 2023-10-21 | $1301.00 | 11.10% | $134,800 | 6.73% |
| 2022-10-21 | $1171.00 | 5.78% | $126,300 | 11.08% |
Listed by: Cali DeWitt • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522104
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.
