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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 3000 N Apperson Way #386, Kokomo, IN, 46901 uses $71,637 cash to close to unlock $1,806/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,448/mo, and a $1,058/mo payment keeps the spread at $150/mo. Purchase price stands at $216,100, and rental yield measures 8.04% with $1,448/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $59,704 over five years. Five-year ROI reaches 116.15% and total cumulative return in cash records $83,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,448/mo property income covering a $1,058/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A 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 |
|---|---|---|
| 2024-12-05 | Listing removed | $94,999 |
| 2024-01-30 | Listed for sale | $94,999 |
| 2023-12-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Turnkey Communities
Mls ID: #N/A
