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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% |
Rental property for sale in Kokomo at 4001 Kurtis Ct, Kokomo, IN, 46902 priced at $339,900 pairs $2,696/mo rent with $485/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,696/mo, and annual cash flow comes to $5,823/yr on $112,677 invested. Return on cash invested is 25.08% in year one, and rental yield stands at 9.52% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 130.99% and total cumulative return in cash reaches $147,599. For financing, Ziffy Mortgage’s DSCR program evaluates $2,696/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
0.41 Acres lot
$N/A/sqft
$170 monthly 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 |
|---|---|---|
| 2024-09-23 | Listed for sale | $339,900 |
| 2021-05-28 | Sold | $260,000 |
| 2021-05-26 | Pending sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $2593.00 | 9.97% | $259,300 | N/A |
| 2022-10-17 | $2358.00 | 6.60% | $259,300 | 9.97% |
| 2021-10-17 | $2212.00 | N/A | $235,800 | 6.60% |
What's Special
Pull Down Stairs
Listed by: Rae C Lachenmaier • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436741
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.
