Ashton Plan, Bivens Proper, Arbor Series, Kokomo, IN, 46902 | $150/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Ashton Plan, Bivens Proper, Arbor Series, Kokomo, IN, 46902 | $150/mo Cash Flow | Ziffy

For Sale

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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

Rental property for sale in Kokomo at Ashton Plan, Bivens Proper, Arbor Series, Kokomo, IN, 46902 priced at $233,995 pairs $1,554/mo rent with $150/mo cash flow after a $1,145/mo payment. Total monthly income equals $1,554/mo, and annual cash flow comes to $1,796/yr on $77,569 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 7.97% on a $233,995 basis. Equity gained on principal adds $1,510/yr, and 5% annual appreciation accumulates to $64,649 by year five. Five-year ROI measures 115.02% and total cumulative return in cash reaches $89,221. For financing, Ziffy Mortgage’s DSCR program evaluates $1,554/mo property income against a $1,145/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Picture yourself in The Ashton - a flexible ranch-style floorplan by Arbor Homes! Starting at 1,356 square feet, The Ashton offers a split layout ideal for families or first-time homeowners. Featuring three bedrooms and two full baths, this home provides plenty of room to personalize with your choice of finishes and upgrades. Step inside from the inviting front porch to a bright, open layout. Two secondary bedrooms sit off the foyer, perfect for guests or a home office, with a full bathroom conveniently in between. Throughout the home, multiple closets provide generous storage space. The spacious great room flows seamlessly into the modern kitchen, designed for entertaining or everyday meals. Add an optional sunroom to enjoy natural light year-round. On the opposite side of the home, the private primary suite offers a large walk-in closet and an optional double bowl vanity with various shower configurations. With customizable elevations and design options, The Ashton gives you the flexibility to create a home that truly fits your lifestyle.

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