








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 4048 E 0 Ns, Kokomo, IN, 46902 uses $62,952 cash to close to unlock $4,974/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $929/mo payment keeps the spread at $415/mo. Purchase price stands at $189,900, and rental yield measures 9.82% with $1,554/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 144.99% and total cumulative return in cash records $91,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.49 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jerold Schwier • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069299