601 W Sycamore StKokomoIN46901
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kokomo at 601 W Sycamore St, Kokomo, IN, 46901 at $262,900 posts ROI 23.32% with $248/mo cash flow from $1,826/mo rent. Total monthly income equals $1,826/mo, and annual cash flow records $2,971/yr on $87,151 to close. Return on cash invested measures 23.32% and rental yield reads 8.33% at the current $262,900. Equity gained on principal adds $1,696/yr, and 5% annual appreciation supports $72,634 by year five. Five-year ROI prints 120.9% and total cumulative return in cash totals $105,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,826/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1887
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
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Listed by: Christy Dechert • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517544
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.