Walnut Plan, Highland Springs, Kokomo, IN, 46902 | $240/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Walnut Plan, Highland Springs, Kokomo, IN, 46902 | $240/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 Walnut Plan, Highland Springs, Kokomo, IN, 46902 earns $240/mo cash flow from $1,555/mo rent with a $1,072/mo payment. Total monthly income totals $1,555/mo, and annual cash flow totals $2,883/yr on $72,597 capital. ROI tracks 23.88% on current figures, and rental yield reads 8.52% at a $218,995 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,504 over five years. Five-year ROI reaches 123.93% and total cumulative return in cash sums $89,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,555/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into the charm and affordability of our Walnut floor plan, where homeownership dreams come to life in the inviting embrace of this 1,210 sq ft home. This modest yet versatile design opens the door to a world of possibilities with multiple structural options and diverse exterior styles, allowing you to infuse your personal touch and make the Walnut uniquely yours. Boasting three bedrooms and two full bathrooms, the Walnut floor plan is the perfect starting place. The layout offers an easy-flowing arrangement that enhances both functionality and aesthetics. Picture yourself moving through the foyer into the open-concept Great Room and Kitchen, featuring a dining nook for sharing meals together. Add on the sunroom extension to enjoy sunny days and crisp nights cozied up with a book. Whether you're entertaining guests or enjoying a quiet night in, the Walnut provides a versatile backdrop for the moments that matter most. From upgraded finishes to personalized spaces, this floor plan adapts effortlessly to your lifestyle. Make your homeownership journey truly yours with The Walnut!

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