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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 3725 Red Bud Ln, Kokomo, IN, 46902 listed at $275,000 pairs $2,218/mo rent with a $1,346/mo payment to leave $567/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $6,807/yr on $91,163 cash to close. Return on cash invested measures 27.38% in year one, and rental yield registers 9.68% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 142.68% and total cumulative return in cash totals $130,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.57 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $275,000 |
| 2019-02-28 | Sold | $130,000 |
| 2019-01-07 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $1526.00 | -6.27% | $160,100 | 4.91% |
| 2023-03-29 | $1628.00 | 16.79% | $152,600 | -6.38% |
| 2022-03-29 | $1394.00 | 11.70% | $163,000 | 16.76% |
Listed by: Michael Mygrant • Mygrant Realty & Appraisals
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510119
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.
