Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 5408 Arrowhead Blvd, Kokomo, IN, 46902 offers a 9.29% rental yield on a $123,900 purchase with $959/mo rent. Total monthly income registers $959/mo, and a $606/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,588/yr on $41,073 to close, and return on cash invested stands at 26.21% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,231 over five years. Portfolio math shows five-year ROI at 136.4% and total cumulative return in cash at $56,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $606/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
6,882 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: Missy Jackson • RE/MAX Realty One
Mls Name: IRMLS
Mls ID: #202537443
