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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 2741 N Apperson Way, Kokomo, IN, 46901 priced at $119,900 pairs $1,135/mo rent with $415/mo cash flow after a $587/mo payment. Total monthly income equals $1,135/mo, and annual cash flow comes to $4,981/yr on $39,747 invested. Return on cash invested is 32.44% in year one, and rental yield stands at 11.36% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 169.91% and total cumulative return in cash reaches $67,536. For financing, Ziffy Mortgage’s DSCR program evaluates $1,135/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.42 Acres 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 |
|---|---|---|
| 2024-11-01 | Price change | $119,900 |
| 2024-10-25 | Listed for sale | $129,900 |
| 2024-05-21 | Listing removed | $55,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $17.88 | N/A | $45,400 | -21.45% |
| 2022-11-20 | N/A | N/A | $57,800 | 17.00% |
| 2021-11-20 | N/A | N/A | $49,400 | 6.47% |
Listed by: Caleb Stead • C&C Home Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441449
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.
