Chestnut Plan, Webster Crossing, Kokomo, IN, 46902 | $195/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Chestnut Plan, Webster Crossing, Kokomo, IN, 46902 | $195/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 Chestnut Plan, Webster Crossing, Kokomo, IN, 46902 listed at $249,995 pairs $1,696/mo rent with a $1,224/mo payment to leave $195/mo cash flow. Total monthly income runs $1,696/mo, and annual cash flow reaches $2,339/yr on $82,873 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 8.14% at a $249,995 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,069 by year five. Five-year ROI tracks 117.72% and total cumulative return in cash totals $97,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,696/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover The Chestnut, an expansive ranch-style home. Enjoy an open layout, ideal for entertaining, with a spacious kitchen including a walk-in pantry, dining, and living area or add a bonus room for over 2,600 sq ft of living space. The primary suite offers additional features like a spacious walk-in closet and optional deluxe bathroom. YOU CAN build your new home!

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