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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 2901 E Osage Dr, Kokomo, IN, 46902 priced at $319,900 pairs $3,077/mo rent with $1,156/mo cash flow after a $1,566/mo payment. Total monthly income equals $3,077/mo, and annual cash flow comes to $13,877/yr on $106,047 invested. Return on cash invested is 33% in year one, and rental yield stands at 11.54% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 172.8% and total cumulative return in cash reaches $183,248. For financing, Ziffy Mortgage’s DSCR program evaluates $3,077/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.59 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-08 | Listed for sale | $319,900 |
| 2022-08-08 | Listing removed | N/A |
| 2022-07-16 | Pending sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $2234.00 | -4.53% | $263,600 | 17.99% |
| 2023-05-09 | $2340.00 | 12.07% | $223,400 | -0.80% |
| 2022-05-09 | $2088.00 | 5.94% | $225,200 | 11.82% |
What's Special
Pull Down Stairs,Storage
Listed by: Lindsay Ousley • The Wyman Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516514
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.
