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% |
Rental property for sale in Kokomo at 5511 Arrowhead Blvd, Kokomo, IN, 46902 generates $1,540/mo in rent and, after a $783/mo payment, leaves $519/mo in cash flow. Total monthly income is $1,540/mo, and annual cash flow is $6,226/yr on $53,040 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 11.55% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 166.04% and total cumulative return in cash sums $88,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,540/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.30 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 |
|---|---|---|
| 2025-09-22 | Sold | $160,000 |
| 2025-09-09 | Pending sale | $165,000 |
| 2025-08-11 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $2058.00 | 3.94% | $117,200 | 13.90% |
| 2023-10-14 | $1980.00 | 20.58% | $102,900 | 3.94% |
| 2022-10-14 | $1642.00 | 10.50% | $99,000 | 20.58% |
Listed by: Ashlie Taskey • Keystone Property Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531742
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.
