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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 3586 E 100 S, Kokomo, IN, 46902 uses $65,803 cash to close to unlock $14,088/yr annual cash flow and $1,174/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $972/mo payment keeps the spread at $1,174/mo. Purchase price stands at $198,500, and rental yield measures 14.3% with $2,366/mo rent. Return on cash invested shows 41.32% in year one, and 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 217.4% and total cumulative return in cash records $143,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $972/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.55 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 |
|---|---|---|
| 2025-07-11 | Sold | $198,500 |
| 2025-06-09 | Listed for sale | $210,900 |
| 2025-06-09 | Pending sale | $210,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $1337.56 | -6.34% | $188,500 | 7.53% |
| 2023-10-29 | $1428.04 | 46.38% | $175,300 | 3.91% |
| 2022-10-29 | $975.60 | 11.58% | $168,700 | 18.80% |
Listed by: Celena Hawk • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518005
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.
