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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 907 S Calumet St, Kokomo, IN, 46901 generates $1,264/mo in rent and, after a $563/mo payment, leaves $535/mo in cash flow. Total monthly income is $1,264/mo, and annual cash flow is $6,417/yr on $38,123 invested. Return on cash invested sits at 36.74% in year one, and rental yield is 13.19% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 193.3% and total cumulative return in cash sums $73,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,098 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 |
|---|---|---|
| 2025-03-12 | Sold | $115,000 |
| 2025-01-29 | Pending sale | $119,990 |
| 2025-01-24 | Price change | $119,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1420.00 | 12.52% | $80,700 | 13.66% |
| 2023-11-02 | $1262.00 | 16.21% | $71,000 | 12.52% |
| 2022-11-02 | $1086.00 | 5.23% | $63,100 | 16.21% |
Listed by: AJ Kelley • KW Red Door Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438255
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.
