3032 W 200 NKokomoIN46901
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 3032 W 200 N, Kokomo, IN, 46901 generates $2,155/mo in rent and, after a $1,571/mo payment, leaves $228/mo in cash flow. Total monthly income is $2,155/mo, and annual cash flow is $2,739/yr on $106,412 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 8.06% on a $321,000 entry. Equity gained on principal adds $2,071/yr, while 5% annual appreciation builds toward $88,686 over five years. Five-year ROI reaches 116.42% and total cumulative return in cash sums $123,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,155/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices