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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 3300 Frances Ln, Kokomo, IN, 46902 earns $293/mo cash flow from $1,284/mo rent with a $808/mo payment. Total monthly income totals $1,284/mo, and annual cash flow totals $3,517/yr on $54,698 capital. ROI tracks 26.34% on current figures, and rental yield reads 9.34% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 137.16% and total cumulative return in cash sums $75,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,284/mo property income instead of your personal income.
Multi Family
Built in 1997
9,452 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kate Rice • KW Red Door Group
Mls Name: IRMLS
Mls ID: #202532715
