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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% |
Rental property for sale in Kokomo at 717 W State St, Kokomo, IN, 46902 priced at $149,900 pairs $1,132/mo rent with $232/mo cash flow after a $734/mo payment. Total monthly income equals $1,132/mo, and annual cash flow comes to $2,782/yr on $49,692 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9.06% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 132.65% and total cumulative return in cash reaches $65,915. For financing, Ziffy Mortgage’s DSCR program evaluates $1,132/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1899
6,621 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: Audra Cannon • CRM Properties, Inc
Mls Name: IRMLS
Mls ID: #202539920
