907 Gulf Shore Blvd, Kokomo, IN, 46902 | $91/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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907 Gulf Shore Blvd, Kokomo, IN, 46902 | $91/mo Cash Flow | Ziffy

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 907 Gulf Shore Blvd, Kokomo, IN, 46902 listed at $219,900 pairs $1,411/mo rent with a $1,076/mo payment to leave $91/mo cash flow. Total monthly income runs $1,411/mo, and annual cash flow reaches $1,095/yr on $72,897 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 7.7% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 110.68% and total cumulative return in cash totals $80,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,411/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2002

7,187 sqft lot

$N/A/sqft

No HOA

More details about the property

This well-maintained ranch-style home offers three bedrooms and three full bathrooms and was built in 2002. The split floor plan provides privacy and function, while vaulted ceilings create an open and spacious feel throughout the main living areas. The home features durable wood-look vinyl plank flooring and a fully applianced kitchen, making it move-in ready and ideal for everyday living or entertaining. A metal roof adds long-term value and peace of mind. Enjoy the backyard with a lovely view of the pond, perfect for relaxing or hosting guests in a peaceful setting. The property is centrally located with convenient access to parks, restaurants, the hospital, and shopping.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46902, Kokomo, IN area.

Housing Distribution

Housing Statistics

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