816 Lakeside Dr, Kokomo, IN, 46901 | 5.53% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kokomo at 816 Lakeside Dr, Kokomo, IN, 46901 with 5% annual appreciation on a $484,900 basis while $2,236/mo rent supports operations. 87% in year one. Equity gained on principal adds $3,129/yr, and five-year appreciation sums $133,969 alongside rental yield of 5.53%. Five-year ROI measures 75.6% and total cumulative return in cash totals $121,519. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,236/mo property income versus a $2,373/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1996

0.41 Acres 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