4206 Dee Ann Dr, Kokomo, IN, 46902 | $571/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4206 Dee Ann Dr, Kokomo, IN, 46902 | $571/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Kokomo at 4206 Dee Ann Dr, Kokomo, IN, 46902 generates $1,801/mo in rent and, after a $1,003/mo payment, leaves $571/mo in cash flow. Total monthly income is $1,801/mo, and annual cash flow is $6,851/yr on $67,924 invested. Return on cash invested sits at 29.99% in year one, and rental yield is 10.55% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 156.68% and total cumulative return in cash sums $106,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,801/mo property income rather than buyer’s personal income.

Single Family

Built in 1986

0.60 Acres lot

$N/A/sqft

No HOA

More details about the property

A beautifully maintained all-brick home. Step into the inviting entryway with gleaming hardwood floors that lead into a spacious family room featuring recessed lighting and a cozy brick gas fireplace. The kitchen offers oak cabinetry, solid surface countertops, hardwood floors, and a unique glass block backsplash. Enjoy year-round comfort in the all-seasons room, complete with cathedral ceilings and ceramic tile flooring. Outside, unwind on the stamped concrete patio or gather around the built-in firepit. With an attached garage in excellent condition and true move-in readiness, this home has everything you need.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.

Housing Distribution

Housing Statistics

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