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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 5208 Algonquin Trl, Kokomo, IN, 46902 generates $1,119/mo in rent and, after a $685/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,119/mo, and annual cash flow is $3,346/yr on $46,410 invested. Return on cash invested sits at 27.12% in year one, and rental yield is 9.59% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 141.28% and total cumulative return in cash sums $65,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
7,405 sqft 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: Audra Cannon • CRM Properties, Inc
Mls Name: IRMLS
Mls ID: #202538634
