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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 2870 Beachwalk Ln, Kokomo, IN, 46902 uses $83,870 cash to close to unlock $1,915/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $1,238/mo payment keeps the spread at $160/mo. Purchase price stands at $253,000, and rental yield measures 8.05% with $1,698/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 114.95% and total cumulative return in cash records $96,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $1,238/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,405 sqft lot
$N/A/sqft
$240 annually 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $253,000 |
| 2018-09-07 | Sold | $149,175 |
| 2018-07-27 | Listed for sale | $149,175 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $1658.00 | 4.21% | $196,000 | 18.21% |
| 2023-03-28 | $1591.00 | 20.17% | $165,800 | 3.56% |
| 2022-03-28 | $1324.00 | -2.07% | $160,100 | 20.11% |
What's Special
Storage
Listed by: Kylie Ellis • Highgarden Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510027
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.
