Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 923 N Leeds St, Kokomo, IN, 46901 generates $1,210/mo in rent and, after a $783/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,210/mo, and annual cash flow is $2,997/yr on $53,007 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 9.08% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 132.95% and total cumulative return in cash sums $70,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,210/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
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 |
|---|---|---|
| 2025-08-30 | Listed for sale | $159,900 |
| 2024-12-11 | Sold | $155,900 |
| 2024-10-13 | Price change | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $590.00 | -1.67% | $33,000 | 11.86% |
| 2023-09-02 | $600.00 | 20.72% | $29,500 | -0.34% |
| 2022-09-02 | $497.00 | -40.48% | $29,600 | 20.82% |
Listed by: Kristine E Miller • Apple Tree Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535018
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.
