Real Estate Investment Properties for Sale in Kokomo, IN

Looking for investment property in Kokomo, IN with high ROI ?

Explore a variety of short-term homes & houses in Kokomo, IN. Invest wisely with VRBO & Kokomo, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Kokomo, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
338 S DIXON Road Kokomo, IN LOOKING FOR A 4 BR. HOME WITH FULL BASEMENT -- Stepping into this home you are greeted wit...	4 beds \| 2 baths \| 1,872 sq.ft.	$184,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 10.09% Airbnb Rental Income: $1320 Traditional Rental Income: $2286 Airbnb ROI: 2.27% Traditional ROI: 10.09%
1523 W SYCAMORE Street Kokomo, IN	3 beds \| 1 baths \| 1,120 sq.ft.	$94,900	Airbnb cash on cash: 6.12% Traditional cash on cash: 11.79% Airbnb Rental Income: $1283 Traditional Rental Income: $1405 Airbnb ROI: 6.12% Traditional ROI: 11.79%
2822 N Webster Street Kokomo, IN Welcome home! Nearly 1 acre of serene mature landscape on a private setting tucked away on...	3 beds \| 1 baths \| 1,152 sq.ft.	$199,750	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.52% Airbnb Rental Income: $1283 Traditional Rental Income: $1463 Airbnb ROI: 2.45% Traditional ROI: 5.52%
4895 W 50 S Kokomo, IN Welcome home to this spacious and inviting retreat! This charming property boasts 4 bedroo...	4 beds \| 2 baths \| 1,560 sq.ft.	$249,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.34% Airbnb Rental Income: $1320 Traditional Rental Income: $1789 Airbnb ROI: 1.62% Traditional ROI: 5.34%
3340 S 250 E Kokomo, IN Wow! Glorious! Amazing! This 3-bedroom home with a 2-car garage is located in a popular, q...	3 beds \| 2 baths \| 1,467 sq.ft.	$234,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 6.28% Airbnb Rental Income: $1283 Traditional Rental Income: $1897 Airbnb ROI: 1.7% Traditional ROI: 6.28%
1616 Columbus Boulevard Kokomo, IN *Contingent Accepting Back Up offers Adorable three-bedroom, one-bathroom home is re...	3 beds \| 1 baths \| 1,044 sq.ft.	$134,995	Airbnb cash on cash: 4.41% Traditional cash on cash: 8.43% Airbnb Rental Income: $1283 Traditional Rental Income: $1402 Airbnb ROI: 4.41% Traditional ROI: 8.43%
1406 N Philips Street Kokomo, IN Investment Opportunity! This well-maintained duplex offers a fantastic blend of updates an...	3 beds \| 2 baths \| 1,200 sq.ft.	$169,500	Airbnb cash on cash: 3.54% Traditional cash on cash: 7.69% Airbnb Rental Income: $1283 Traditional Rental Income: $1551 Airbnb ROI: 3.54% Traditional ROI: 7.69%
2913 Mayor Drive Kokomo, IN This stunning 4-bedroom, 2.5-bath, 2-story home offers modern style and functionality with...	4 beds \| 3 baths \| 3,285 sq.ft.	$379,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.44% Airbnb Rental Income: $1320 Traditional Rental Income: $2687 Airbnb ROI: 0.45% Traditional ROI: 5.44%
404 E Vaile Avenue Kokomo, IN This charming 2-bedroom, 1-bathroom home offers 792 square feet of thoughtfully updated li...	2 beds \| 1 baths \| 792 sq.ft.	$94,995	Airbnb cash on cash: 1.8% Traditional cash on cash: 9.15% Airbnb Rental Income: $774 Traditional Rental Income: $1137 Airbnb ROI: 1.8% Traditional ROI: 9.15%
1335 S WASHINGTON Street Kokomo, IN Immaculately Clean & Spacious! Great Corner Lot Location with off street driveway parking ...	2 beds \| 1 baths \| 1,120 sq.ft.	$149,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 7.88% Airbnb Rental Income: $774 Traditional Rental Income: $1422 Airbnb ROI: 1.14% Traditional ROI: 7.88%
235 GREENBRIAR Street Kokomo, IN How does a 4 bedroom, 2.5 bath, newly remodeled home sound? Move right into this beautifu...	4 beds \| 3 baths \| 1,900 sq.ft.	$264,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 8.86% Airbnb Rental Income: $1320 Traditional Rental Income: $2696 Airbnb ROI: 1.72% Traditional ROI: 8.86%
2799 S 200 EAST Kokomo, IN This charming 3 BR, 2 bath home sits on a roomy .66 acre country lot with fenced back yard...	3 beds \| 2 baths \| 1,572 sq.ft.	$224,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 7.17% Airbnb Rental Income: $1283 Traditional Rental Income: $1996 Airbnb ROI: 1.92% Traditional ROI: 7.17%
5503 Arrowhead Boulevard Kokomo, IN This 1,700 sq ft home has been completely transformed-everything is new except the exterio...	4 beds \| 2 baths \| 1,700 sq.ft.	$204,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 9.25% Airbnb Rental Income: $1320 Traditional Rental Income: $2164 Airbnb ROI: 2.8% Traditional ROI: 9.25%
1240 E 400 S Road Kokomo, IN This beautifully renovated 2-bedroom home offers 1,224 square feet of modern living with t...	2 beds \| 1 baths \| 1,224 sq.ft.	$179,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.15% Airbnb Rental Income: $774 Traditional Rental Income: $1392 Airbnb ROI: 0.68% Traditional ROI: 6.15%
2002 Kerri Lynn Lane Kokomo, IN Opportunities like this don't come along very often! This meticulously maintained custom ...	3 beds \| 3 baths \| 3,426 sq.ft.	$419,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.94% Airbnb Rental Income: $1283 Traditional Rental Income: $2985 Airbnb ROI: -0.41% Traditional ROI: 4.94%
1522 W SUPERIOR Street Kokomo, IN Looks like country but sitting on 1.3 acre lot close to everything. 4 bedroom, 2 bath hom...	4 beds \| 2 baths \| 1,848 sq.ft.	$232,500	Airbnb cash on cash: 2.03% Traditional cash on cash: 8.56% Airbnb Rental Income: $1320 Traditional Rental Income: $2346 Airbnb ROI: 2.03% Traditional ROI: 8.56%
311 W WOODLAND Avenue Kokomo, IN Welcome home to this cute 2 bedroom, 1 bath bungalow. Both bedrooms are nice sized, large...	2 beds \| 1 baths \| 1,088 sq.ft.	$112,400	Airbnb cash on cash: 1.57% Traditional cash on cash: 10.19% Airbnb Rental Income: $774 Traditional Rental Income: $1394 Airbnb ROI: 1.57% Traditional ROI: 10.19%
1622 COLUMBUS Boulevard Kokomo, IN Ready to move in? Nice 3 bed, 2 bath home. Large living room, spacious bedrooms. Owner'...	3 beds \| 2 baths \| 1,080 sq.ft.	$167,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 7.7% Airbnb Rental Income: $1283 Traditional Rental Income: $1599 Airbnb ROI: 3.21% Traditional ROI: 7.7%
1709 Kensington on Berkley Kokomo, IN Don't miss out on this recently remodeled 2 bedroom, 1 bath condo. Completely remodeled i...	2 beds \| 1 baths \| 720 sq.ft.	$89,975	Airbnb cash on cash: 2.22% Traditional cash on cash: 9.26% Airbnb Rental Income: $774 Traditional Rental Income: $1075 Airbnb ROI: 2.22% Traditional ROI: 9.26%
2916 Mill Street Kokomo, IN Beautifully Maintained 3-Bedroom, 2-Bath Home on a Spacious Lot in the Western School Dist...	3 beds \| 2 baths \| 1,192 sq.ft.	$189,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 7.15% Airbnb Rental Income: $1283 Traditional Rental Income: $1705 Airbnb ROI: 2.58% Traditional ROI: 7.15%
2027 Wesmar Court Kokomo, IN Welcome to this inviting two-story home perfectly situated on a peaceful cul-de-sac lot. T...	4 beds \| 3 baths \| 3,684 sq.ft.	$379,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.86% Airbnb Rental Income: $1320 Traditional Rental Income: $2686 Airbnb ROI: 0.88% Traditional ROI: 5.86%
1304 E Morgan Street Kokomo, IN UNPACK, RELAX & LIVE YOUR BEST LIFE - Move in ready and fully updated makes this 4 bedroom...	4 beds \| 2 baths \| 1,080 sq.ft.	$155,000	Airbnb cash on cash: 4.44% Traditional cash on cash: 9.55% Airbnb Rental Income: $1320 Traditional Rental Income: $1667 Airbnb ROI: 4.44% Traditional ROI: 9.55%
3705 OAKHURST Drive Kokomo, IN This beautifully updated 3 Bedroom, 1 1/2 Bathroom home in Western School District is in a...	3 beds \| 2 baths \| 1,056 sq.ft.	$159,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 7.21% Airbnb Rental Income: $1283 Traditional Rental Income: $1544 Airbnb ROI: 2.86% Traditional ROI: 7.21%
6663 W 400 N Kokomo, IN Charming Historic Farmhouse in Northwestern School District - 4 Bed, 1.5 Bath on Nearly 2 ...	4 beds \| 2 baths \| 2,436 sq.ft.	$285,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.83% Airbnb Rental Income: $1320 Traditional Rental Income: $2457 Airbnb ROI: 0.07% Traditional ROI: 5.83%
216 ARIEL Court Kokomo, IN Beautiful 3 bedroom, 2 bath home with newer heated & airconditioned outbuilding which make...	3 beds \| 2 baths \| 1,361 sq.ft.	$224,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 6.48% Airbnb Rental Income: $1283 Traditional Rental Income: $1820 Airbnb ROI: 2.07% Traditional ROI: 6.48%
5408 ARROWHEAD Boulevard Kokomo, IN This home features 3 bedrooms, 1 bath and is situated in Indian Heights. Has large eat-in...	3 beds \| 1 baths \| 960 sq.ft.	$112,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 8.23% Airbnb Rental Income: $1283 Traditional Rental Income: $1255 Airbnb ROI: 4.77% Traditional ROI: 8.23%
511 W Sycamore Street Kokomo, IN Beautiful 4 Bedroom, 2 Full Bath Victorian Home on 1/3 Acre in the Heart Of Downtown Kokom...	4 beds \| 2 baths \| 2,080 sq.ft.	$200,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 10.44% Airbnb Rental Income: $1320 Traditional Rental Income: $2424 Airbnb ROI: 2.47% Traditional ROI: 10.44%
310 Greenbriar Street Kokomo, IN This well-maintained 3-bedroom, 1.5-bath bi-level home offers a great combination of updat...	3 beds \| 2 baths \| 1,440 sq.ft.	$179,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 8.52% Airbnb Rental Income: $1283 Traditional Rental Income: $1837 Airbnb ROI: 2.93% Traditional ROI: 8.52%
1000 Brentwood Drive Kokomo, IN Great home with many updates done. Two bedroom, one bath home with a extra large primary b...	2 beds \| 1 baths \| 960 sq.ft.	$129,875	Airbnb cash on cash: 0.9% Traditional cash on cash: 7.92% Airbnb Rental Income: $774 Traditional Rental Income: $1333 Airbnb ROI: 0.9% Traditional ROI: 7.92%
3032 W 200 North Kokomo, IN Enjoy country living with all the convenience of living close to town and only 2.5 miles f...	3 beds \| 2 baths \| 1,786 sq.ft.	$321,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.18% Airbnb Rental Income: $1283 Traditional Rental Income: $2082 Airbnb ROI: 1.2% Traditional ROI: 5.18%
720 S Union Street Kokomo, IN Charming Duplex Near Downtown Kokomo & Baseball Stadium. Located on South Union Street, th...	2 beds \| 2 baths \| 1,591 sq.ft.	$139,900	Airbnb cash on cash: 3.92% Traditional cash on cash: 11.68% Airbnb Rental Income: $1283 Traditional Rental Income: $1922 Airbnb ROI: 3.92% Traditional ROI: 11.68%
3063 N 800 W Road Kokomo, IN Welcome to this beautifully updated 3-bedroom, 2-bath ranch nestled on a serene 1.2-acre s...	3 beds \| 2 baths \| 1,661 sq.ft.	$310,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 5.23% Airbnb Rental Income: $1283 Traditional Rental Income: $2050 Airbnb ROI: 1.22% Traditional ROI: 5.23%
2401 Greentree Lane Kokomo, IN Move-in ready two-story home with a solid floor plan and attached two-car garage. This wel...	4 beds \| 3 baths \| 2,863 sq.ft.	$244,995	Airbnb cash on cash: 1.46% Traditional cash on cash: 9.82% Airbnb Rental Income: $1320 Traditional Rental Income: $2846 Airbnb ROI: 1.46% Traditional ROI: 9.82%
1304 S LOCKE Street Kokomo, IN This 1910 charmer has had a complete glow up in the last 7 years. From the metal roof down...	2 beds \| 1 baths \| 796 sq.ft.	$107,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 8.19% Airbnb Rental Income: $774 Traditional Rental Income: $1103 Airbnb ROI: 1.95% Traditional ROI: 8.19%
835 LANDO CREEK Drive Kokomo, IN Beautiful home built in 2024. Stunning kitchen with quartz countertops, soft white cabine...	3 beds \| 2 baths \| 1,771 sq.ft.	$310,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 6.03% Airbnb Rental Income: $1283 Traditional Rental Income: $2184 Airbnb ROI: 1.56% Traditional ROI: 6.03%
1729 N Osage Drive Kokomo, IN Charming & Cozy best describes this attractive stone ranch on a large corner lot. This 3 b...	3 beds \| 2 baths \| 1,748 sq.ft.	$234,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 6.96% Airbnb Rental Income: $1283 Traditional Rental Income: $2044 Airbnb ROI: 1.72% Traditional ROI: 6.96%
907 WINGRA Court Kokomo, IN Cozy 4 bedroom home in Indiana Heights tucked away on a quiet cul-de-sac, this 4 bedroom h...	4 beds \| 1 baths \| 1,392 sq.ft.	$150,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 8.73% Airbnb Rental Income: $1320 Traditional Rental Income: $1583 Airbnb ROI: 4.07% Traditional ROI: 8.73%
3602 SOUTHLEA Drive Kokomo, IN Welcome home to 3602 Southlea Drive. This beautiful, Howard County home is full of charm. ...	3 beds \| 2 baths \| 1,269 sq.ft.	$170,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 8.2% Airbnb Rental Income: $1283 Traditional Rental Income: $1718 Airbnb ROI: 3.03% Traditional ROI: 8.2%
1404 W MULBERRY Street Kokomo, IN Looking for a beautiful home near all of Kokomo's downtown convenience? 1404 W Mulberry St...	2 beds \| 1 baths \| 832 sq.ft.	$132,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.49% Airbnb Rental Income: $774 Traditional Rental Income: $1112 Airbnb ROI: 1.32% Traditional ROI: 6.49%
943 Gulf Shore Drive Kokomo, IN This totally renovated home in Webster Park will have you living in comfort and style. The...	3 beds \| 3 baths \| 2,044 sq.ft.	$289,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 7.02% Airbnb Rental Income: $1283 Traditional Rental Income: $2506 Airbnb ROI: 1.06% Traditional ROI: 7.02%

Real Estate investment in Kokomo, IN

There are 52 properties for sale in the city of Kokomo . The median list price in Kokomo is $170,000 and the average price per square foot is $113. In December 2025, the average monthly cash on cash return in Kokomo is 8.00%. The average monthly rental income in Kokomo is $1,789.

Kokomo, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 52 investment properties available for sale in Kokomo.

In 2025, the best neighborhood to buy investment property is Kokomo.

The ROI for Long-Term is higher than the Short-Term in Kokomo with average rental income of $1,789.

Your search for investment property begins and ends here

Investment Property for Sale in Kokomo, IN

338 S DIXON Road

Kokomo, IN

4 beds | 2 baths | 1,872 sq.ft.

$184,900

Airbnb cash on cash: 2.27%

Traditional cash on cash: 10.09%

Airbnb Rental Income: $1320

Traditional Rental Income: $2286

Airbnb ROI: 2.27%

Traditional ROI: 10.09%

1523 W SYCAMORE Street

Kokomo, IN

3 beds | 1 baths | 1,120 sq.ft.

$94,900

Airbnb cash on cash: 6.12%

Traditional cash on cash: 11.79%

Airbnb Rental Income: $1283

Traditional Rental Income: $1405

Airbnb ROI: 6.12%

Traditional ROI: 11.79%

2822 N Webster Street

Kokomo, IN

3 beds | 1 baths | 1,152 sq.ft.

$199,750

Airbnb cash on cash: 2.45%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1283

Traditional Rental Income: $1463

Airbnb ROI: 2.45%

Traditional ROI: 5.52%

4895 W 50 S

Kokomo, IN

4 beds | 2 baths | 1,560 sq.ft.

$249,900

Airbnb cash on cash: 1.62%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1320

Traditional Rental Income: $1789

Airbnb ROI: 1.62%

Traditional ROI: 5.34%

3340 S 250 E

Kokomo, IN

3 beds | 2 baths | 1,467 sq.ft.

$234,900

Airbnb cash on cash: 1.7%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $1283

Traditional Rental Income: $1897

Airbnb ROI: 1.7%

Traditional ROI: 6.28%

1616 Columbus Boulevard

Kokomo, IN

3 beds | 1 baths | 1,044 sq.ft.

$134,995

Airbnb cash on cash: 4.41%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $1283

Traditional Rental Income: $1402

Airbnb ROI: 4.41%

Traditional ROI: 8.43%

1406 N Philips Street

Kokomo, IN

3 beds | 2 baths | 1,200 sq.ft.

$169,500

Airbnb cash on cash: 3.54%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1283

Traditional Rental Income: $1551

Airbnb ROI: 3.54%

Traditional ROI: 7.69%

2913 Mayor Drive

Kokomo, IN

4 beds | 3 baths | 3,285 sq.ft.

$379,900

Airbnb cash on cash: 0.45%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1320

Traditional Rental Income: $2687

Airbnb ROI: 0.45%