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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 3715 Sugar Ln, Kokomo, IN, 46902 offers a 11.32% rental yield on a $255,000 purchase with $2,406/mo rent. Total monthly income registers $2,406/mo, and a $1,248/mo payment leaves $875/mo available for distribution. Annual cash flow reaches $10,504/yr on $84,533 to close, and return on cash invested stands at 32.34% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 169.26% and total cumulative return in cash at $143,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,406/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.30 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 |
|---|---|---|
| 2025-09-15 | Sold | $255,000 |
| 2025-09-10 | Pending sale | $239,900 |
| 2025-08-11 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $1592.00 | -4.58% | $172,700 | 8.48% |
| 2023-10-14 | $1668.34 | 4.86% | $159,200 | -0.25% |
| 2022-10-14 | $1591.00 | 12.92% | $159,600 | -1.24% |
Listed by: Lindsay Lewis • Keystone Property Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531715
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.
