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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 511 S Main St, Kokomo, IN, 46901 at $149,900 posts ROI 26.4% with $269/mo cash flow from $1,169/mo rent. Total monthly income equals $1,169/mo, and annual cash flow records $3,226/yr on $49,692 to close. Return on cash invested measures 26.4% and rental yield reads 9.36% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 137.4% and total cumulative return in cash totals $68,279.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,169/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1903
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,311 (100%) |
| Owner Occupied HU | 10,862 (59.3%) |
| Renter Occupied HU | 5,385 (29.4%) |
| Vacant Housing Units | 2,064 (11.3%) |
| Median Home Value | $165,136 |
| Average Home Value | $194,138 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
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: Misty Davidson • The Wyman Group
Mls Name: IRMLS
Mls ID: #202537356
