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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 804 E Elm St, Kokomo, IN, 46901 listed at $139,900 pairs $1,024/mo rent with a $685/mo payment to leave $184/mo cash flow. Total monthly income runs $1,024/mo, and annual cash flow reaches $2,207/yr on $46,377 cash to close. Return on cash invested measures 24.67% in year one, and rental yield registers 8.78% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 128.11% and total cumulative return in cash totals $59,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,024/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
5,662 sqft 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 |
|---|---|---|
| 2025-04-13 | Listed for sale | $139,900 |
| 2021-12-31 | Sold | $34,500 |
| 2021-12-17 | Pending sale | $39,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $256.20 | -8.80% | $31,600 | 13.67% |
| 2023-04-15 | $280.92 | -43.82% | $27,800 | -4.79% |
| 2022-04-15 | $500.00 | 5.93% | $29,200 | 16.80% |
Listed by: Kristine E Miller • Apple Tree Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512586
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.
