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.	$205,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 9.03% Airbnb Rental Income: $1320 Traditional Rental Income: $2286 Airbnb ROI: 1.95% Traditional ROI: 9.03%
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%
3353 Morrow Drive Kokomo, IN Welcome to this beautifully maintained 3-bedroom, 2.5-bath, two-story home in the desirabl...	3 beds \| 3 baths \| 1,872 sq.ft.	$298,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.69% Airbnb Rental Income: $1283 Traditional Rental Income: $2201 Airbnb ROI: 0.99% Traditional ROI: 5.69%
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%
5313 Council Ring Boulevard Kokomo, IN Welcome to your dream home in Kokomo, IN! This beautifully remodeled residence has been th...	3 beds \| 1 baths \| 1,046 sq.ft.	$130,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 7.49% Airbnb Rental Income: $1283 Traditional Rental Income: $1299 Airbnb ROI: 4.14% Traditional ROI: 7.49%
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 Offering seller financing This charming three-bedroom, one-bathroom home is ready to ...	3 beds \| 1 baths \| 1,044 sq.ft.	$149,995	Airbnb cash on cash: 3.89% Traditional cash on cash: 7.52% Airbnb Rental Income: $1283 Traditional Rental Income: $1402 Airbnb ROI: 3.89% Traditional ROI: 7.52%
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.	$389,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 5.25% Airbnb Rental Income: $1320 Traditional Rental Income: $2687 Airbnb ROI: 0.39% Traditional ROI: 5.25%
404 E Vaile Avenue Kokomo, IN Contingent Accepting Back Up Offers This charming 2-bedroom, 1-bathroom home proves g...	2 beds \| 1 baths \| 792 sq.ft.	$119,404	Airbnb cash on cash: 1.25% Traditional cash on cash: 7.16% Airbnb Rental Income: $774 Traditional Rental Income: $1137 Airbnb ROI: 1.25% Traditional ROI: 7.16%
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.	$277,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 8.41% Airbnb Rental Income: $1320 Traditional Rental Income: $2696 Airbnb ROI: 1.6% Traditional ROI: 8.41%
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.	$209,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 9.01% Airbnb Rental Income: $1320 Traditional Rental Income: $2164 Airbnb ROI: 2.71% Traditional ROI: 9.01%
4509 Mayfield Drive Kokomo, IN Beautifully updated 3-bedroom, 2-bath home sitting on a 0.70-acre lot with a full privacy ...	3 beds \| 2 baths \| 2,086 sq.ft.	$280,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 6.8% Airbnb Rental Income: $1283 Traditional Rental Income: $2295 Airbnb ROI: 1.44% Traditional ROI: 6.8%
126 PATRICIA Drive Kokomo, IN If you are looking for a solid, well-kept home, this one is for you! This all brick ranch ...	3 beds \| 2 baths \| 1,472 sq.ft.	$236,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 6.53% Airbnb Rental Income: $1283 Traditional Rental Income: $1926 Airbnb ROI: 1.86% Traditional ROI: 6.53%
5411 LONGBOW Drive Kokomo, IN With 5 bedrooms and 1 full bathroom, this home offers flexible living space. The garage h...	5 beds \| 1 baths \| 1,305 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.42% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 11.42%
3311 Springdale Drive Kokomo, IN Set on a serene 1.4-acre lot, this 2,085 sq. ft. ranch blends classic comfort with fresh, ...	3 beds \| 2 baths \| 2,085 sq.ft.	$360,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.7% Airbnb Rental Income: $1283 Traditional Rental Income: $2310 Airbnb ROI: 0.47% Traditional ROI: 4.7%
3300 Frances Lane Kokomo, IN Welcome to this sunny 2 bed 2 bath condo in Sun Valley. This condo sits on a beautiful cor...	2 beds \| 2 baths \| 1,196 sq.ft.	$165,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 8.25% Airbnb Rental Income: $774 Traditional Rental Income: $1711 Airbnb ROI: 0.27% Traditional ROI: 8.25%
219 Branded Court Kokomo, IN Welcome to 219 Branded Ct in Kokomo! This inviting 4-bedroom, 2.5-bath home is nestled on ...	4 beds \| 3 baths \| 2,076 sq.ft.	$279,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 7.75% Airbnb Rental Income: $1320 Traditional Rental Income: $2587 Airbnb ROI: 1.38% Traditional ROI: 7.75%
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.	$209,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.15% Airbnb Rental Income: $774 Traditional Rental Income: $1392 Airbnb ROI: 0.45% Traditional ROI: 5.15%
2786 BRIDGESTONE Circle Kokomo, IN Move in ready! Two bedroom, 2 full bath condo with open concept. Fully applianced kitche...	2 beds \| 2 baths \| 1,450 sq.ft.	$227,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 6.06% Airbnb Rental Income: $774 Traditional Rental Income: $1897 Airbnb ROI: -0.63% Traditional ROI: 6.06%
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.	$235,500	Airbnb cash on cash: 1.99% Traditional cash on cash: 8.44% Airbnb Rental Income: $1320 Traditional Rental Income: $2346 Airbnb ROI: 1.99% Traditional ROI: 8.44%
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.	$119,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 9.52% Airbnb Rental Income: $774 Traditional Rental Income: $1394 Airbnb ROI: 1.41% Traditional ROI: 9.52%
3812 Pamela Court Kokomo, IN This is a one-story 3-bedroom, 2-bath brick ranch with endless potential. This home featur...	3 beds \| 2 baths \| 1,560 sq.ft.	$159,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 10.24% Airbnb Rental Income: $1283 Traditional Rental Income: $1960 Airbnb ROI: 3.13% Traditional ROI: 10.24%
1101 N Korby Street Kokomo, IN Back on market , no fault of seller! Why settle for updates when you can have everything...	3 beds \| 2 baths \| 864 sq.ft.	$149,900	Airbnb cash on cash: 3.68% Traditional cash on cash: 8% Airbnb Rental Income: $1283 Traditional Rental Income: $1500 Airbnb ROI: 3.68% Traditional ROI: 8%
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%
1200 E Wheeler Street Kokomo, IN Cute 2 bed, 1 bath bungalow featuring hardwood floors, applianced kitchen, Large living ro...	2 beds \| 1 baths \| 852 sq.ft.	$89,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 11.89% Airbnb Rental Income: $774 Traditional Rental Income: $1273 Airbnb ROI: 2.59% Traditional ROI: 11.89%
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%
2902 Bridgestone Circle Kokomo, IN Beautiful, Spacious & Carefree Living! Welcome to this stunning 1-owner, stand-alone cond...	3 beds \| 2 baths \| 1,814 sq.ft.	$299,500	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.29% Airbnb Rental Income: $1283 Traditional Rental Income: $2239 Airbnb ROI: 0.47% Traditional ROI: 5.29%
3800 S Webster Street Kokomo, IN So many reasons to make this charming home yours ~ STEP INSIDE & FALL IN LOVE! Enter this ...	3 beds \| 2 baths \| 2,521 sq.ft.	$194,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 10.06% Airbnb Rental Income: $1283 Traditional Rental Income: $2288 Airbnb ROI: 2.46% Traditional ROI: 10.06%
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.	$165,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 8.93% Airbnb Rental Income: $1320 Traditional Rental Income: $1667 Airbnb ROI: 4.12% Traditional ROI: 8.93%
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%
832 Lando Creek Drive Kokomo, IN Why wait to build? This like-new ranch home built in 2024 in Highland Spriings is in perfe...	3 beds \| 2 baths \| 1,648 sq.ft.	$284,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.54% Airbnb Rental Income: $1283 Traditional Rental Income: $2112 Airbnb ROI: 0.95% Traditional ROI: 5.54%
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 out building which makes a great rec room, man...	3 beds \| 2 baths \| 1,361 sq.ft.	$226,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.42% Airbnb Rental Income: $1283 Traditional Rental Income: $1820 Airbnb ROI: 2.04% Traditional ROI: 6.42%

Real Estate investment in Kokomo, IN

There are 73 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 $108. In October 2025, the average monthly cash on cash return in Kokomo is 8.00%. The average monthly rental income in Kokomo is $1,800.

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

There are 73 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 $1,800.

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.

$205,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1320

Traditional Rental Income: $2286

Airbnb ROI: 1.95%

Traditional ROI: 9.03%

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%

3353 Morrow Drive

Kokomo, IN

3 beds | 3 baths | 1,872 sq.ft.

$298,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1283

Traditional Rental Income: $2201

Airbnb ROI: 0.99%

Traditional ROI: 5.69%

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%

5313 Council Ring Boulevard

Kokomo, IN

3 beds | 1 baths | 1,046 sq.ft.

$130,000

Airbnb cash on cash: 4.14%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1283

Traditional Rental Income: $1299

Airbnb ROI: 4.14%

Traditional ROI: 7.49%

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.

$149,995

Airbnb cash on cash: 3.89%

Traditional cash on cash: 7.52%

Airbnb Rental Income: $1283

Traditional Rental Income: $1402

Airbnb ROI: 3.89%