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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 6173 W 300 N, Kokomo, IN, 46901 earns $594/mo cash flow from $2,323/mo rent with a $1,410/mo payment. Total monthly income totals $2,323/mo, and annual cash flow totals $7,126/yr on $95,472 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.68% at a $288,000 purchase. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,569 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash sums $136,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,323/mo property income instead of your personal income.
Single Family
Built in 1965
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46901, Kokomo, IN area.
| 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 |
Residential
17,188
Single Family
15,687
Multi-Family
1,501
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $288,000 |
| 2015-05-02 | Sold | $85,000 |
| 2015-03-13 | Listed for sale | $95,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $1515.54 | -5.53% | $230,600 | 6.61% |
| 2023-05-25 | $1604.20 | 17.04% | $216,300 | 8.48% |
| 2022-05-25 | $1370.64 | 20.28% | $199,400 | 11.65% |
Listed by: Shaun Odom • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519185
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.
