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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 615 Maplecrest Ave, Kokomo, IN, 46902 earns $413/mo cash flow from $1,552/mo rent with a $929/mo payment. Total monthly income totals $1,552/mo, and annual cash flow totals $4,950/yr on $62,952 capital. ROI tracks 27.77% on current figures, and rental yield reads 9.81% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 144.8% and total cumulative return in cash sums $91,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,552/mo property income instead of your personal income.
Single Family
Built in 1949
7,840 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $189,900 |
| 2005-08-02 | Sold | $134,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1416.00 | -3.55% | $167,600 | 18.36% |
| 2023-04-23 | $1468.06 | 22.27% | $141,600 | 3.21% |
| 2022-04-23 | $1200.68 | 6.28% | $137,200 | 23.49% |
Listed by: Jamie L Leach • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513821
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.
