2901 E Osage DrKokomoIN46902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
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
Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,385
Single Family
15,243
Multi-Family
2,142
Businesses
1,038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.