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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 4727 Glen Moor Way, Kokomo, IN, 46902 priced at $410,000 converts $2,616/mo rent into $155/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,616/mo, and annual cash flow totals $1,855/yr on $135,915 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 7.66% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 109.92% and total cumulative return in cash sums $149,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,616/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.58 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $410,000 |
| 2021-06-21 | Sold | $320,000 |
| 2021-05-15 | Contingent | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $2095.08 | -13.57% | $298,100 | 7.46% |
| 2023-03-31 | $2424.00 | 24.34% | $277,400 | N/A |
| 2022-03-31 | $1949.48 | 8.76% | $277,400 | 12.54% |
What's Special
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Listed by: Lisa Rhinebarger • Heartland Real Estate Brokers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510255
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.
