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: 1.58% Traditional cash on cash: 9.03% Airbnb Rental Income: $1232 Traditional Rental Income: $2286 Airbnb ROI: 1.58% Traditional ROI: 9.03%
2976 Citrus Lake Drive Kokomo, IN So much NEW in this beautiful split floor plan home in Webster Park. This 3 bed, 2 full ...	3 beds \| 2 baths \| 1,038 sq.ft.	$199,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 5.99% Airbnb Rental Income: $1273 Traditional Rental Income: $1582 Airbnb ROI: 2.25% Traditional ROI: 5.99%
4605 Orleans Drive Kokomo, IN Welcome to 4605 Orleans Dr, A Classic Brick Ranch in a Prime Kokomo Location! This spacio...	3 beds \| 2 baths \| 1,788 sq.ft.	$190,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 9.27% Airbnb Rental Income: $1273 Traditional Rental Income: $2093 Airbnb ROI: 2.51% Traditional ROI: 9.27%
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: 1.31% Traditional cash on cash: 5.34% Airbnb Rental Income: $1232 Traditional Rental Income: $1789 Airbnb ROI: 1.31% 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: 4.07% Traditional cash on cash: 7.49% Airbnb Rental Income: $1273 Traditional Rental Income: $1299 Airbnb ROI: 4.07% 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: 1.67% Traditional cash on cash: 6.28% Airbnb Rental Income: $1273 Traditional Rental Income: $1897 Airbnb ROI: 1.67% Traditional ROI: 6.28%
1616 Columbus Boulevard Kokomo, IN This charming three-bedroom, one-bathroom home is ready to welcome new owners with its fre...	3 beds \| 1 baths \| 1,044 sq.ft.	$155,995	Airbnb cash on cash: 3.65% Traditional cash on cash: 7.2% Airbnb Rental Income: $1273 Traditional Rental Income: $1402 Airbnb ROI: 3.65% Traditional ROI: 7.2%
526 Cambridge Drive Kokomo, IN Nestled in a beautiful, park-like setting surrounded by mature trees, this inviting 2-bedr...	2 beds \| 2 baths \| 1,100 sq.ft.	$164,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 7.28% Airbnb Rental Income: $892 Traditional Rental Income: $1474 Airbnb ROI: 1.41% Traditional ROI: 7.28%
5135 W 100 N Kokomo, IN Enjoy the best of both worlds with this spacious brick and vinyl ranch offering peaceful c...	3 beds \| 3 baths \| 2,150 sq.ft.	$226,600	Airbnb cash on cash: 1.93% Traditional cash on cash: 9.87% Airbnb Rental Income: $1273 Traditional Rental Income: $2574 Airbnb ROI: 1.93% Traditional ROI: 9.87%
3010 Williams Court Kokomo, IN Luxury Living Awaits you in this Spacious and Pristine property. Situated on over an acre...	4 beds \| 4 baths \| 3,787 sq.ft.	$454,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 7.36% Airbnb Rental Income: $1232 Traditional Rental Income: $3934 Airbnb ROI: 0.09% Traditional ROI: 7.36%
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: 3.28% Traditional cash on cash: 7.69% Airbnb Rental Income: $1232 Traditional Rental Income: $1551 Airbnb ROI: 3.28% Traditional ROI: 7.69%
1310 E Vaile Avenue Kokomo, IN Charming Farmhouse Chic Home with 5 Bedrooms â A Rare Find! Welcome to this beautifully ...	5 beds \| 2 baths \| 2,460 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.44% Airbnb Rental Income: $null Traditional Rental Income: $2456 Airbnb ROI: N/A Traditional ROI: 11.44%
2517 LAUREN Lane Kokomo, IN Make this four bedroom two full bath home yours day of closing. Home features vaulted ceil...	4 beds \| 2 baths \| 1,603 sq.ft.	$229,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 7.37% Airbnb Rental Income: $1232 Traditional Rental Income: $2079 Airbnb ROI: 1.64% Traditional ROI: 7.37%
3404 CANDY Lane Kokomo, IN Wow! Many updates recently in this lovely home. Spacious rooms with lots of new flooring...	3 beds \| 2 baths \| 2,132 sq.ft.	$239,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 7.65% Airbnb Rental Income: $1273 Traditional Rental Income: $2235 Airbnb ROI: 1.64% Traditional ROI: 7.65%
804 S Calumet Street Kokomo, IN Bring your vision to this 3 bedroom, 1 bath bungalow situated on an expansive triple city ...	3 beds \| 1 baths \| 1,008 sq.ft.	$89,900	Airbnb cash on cash: 6.7% Traditional cash on cash: 11.93% Airbnb Rental Income: $1273 Traditional Rental Income: $1331 Airbnb ROI: 6.7% Traditional ROI: 11.93%
941 Sand Walk Lane Kokomo, IN Welcome to this beautifully maintained home, built in 2020 and thoughtfully designed in mo...	3 beds \| 2 baths \| 1,692 sq.ft.	$249,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.78% Airbnb Rental Income: $1273 Traditional Rental Income: $2118 Airbnb ROI: 1.5% Traditional ROI: 6.78%
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.	$414,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.83% Airbnb Rental Income: $1232 Traditional Rental Income: $2687 Airbnb ROI: 0.07% Traditional ROI: 4.83%
1534 S Market Street Kokomo, IN Welcome home to this 2, possibly 3 bed 2 full bath ranch style home. Sitting on a corner l...	3 beds \| 2 baths \| 1,192 sq.ft.	$134,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 9.4% Airbnb Rental Income: $1273 Traditional Rental Income: $1646 Airbnb ROI: 3.42% Traditional ROI: 9.4%
4104 Blue Spruce Hill Drive Kokomo, IN Welcome to 4104 Blue Spruce Hill Court in Kokomoâtucked away in a quiet cul-de-sac just ...	4 beds \| 3 baths \| 2,204 sq.ft.	$269,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 8.6% Airbnb Rental Income: $1232 Traditional Rental Income: $2623 Airbnb ROI: 1.59% Traditional ROI: 8.6%
404 E Vaile Avenue Kokomo, IN Check out this new pretty price This charming 2-bedroom, 1-bathroom home proves good ...	2 beds \| 1 baths \| 792 sq.ft.	$126,404	Airbnb cash on cash: 1.94% Traditional cash on cash: 6.73% Airbnb Rental Income: $892 Traditional Rental Income: $1137 Airbnb ROI: 1.94% Traditional ROI: 6.73%
2124 N MARKET Street Kokomo, IN Contingent Accepting Back up offers This adorable bungalow is ready for someone with ...	3 beds \| 1 baths \| 960 sq.ft.	$124,995	Airbnb cash on cash: 4.95% Traditional cash on cash: 9.3% Airbnb Rental Income: $1273 Traditional Rental Income: $1396 Airbnb ROI: 4.95% Traditional ROI: 9.3%
907 GULF SHORE Boulevard Kokomo, IN This well-maintained ranch-style home offers three bedrooms and three full bathrooms and w...	3 beds \| 2 baths \| 1,200 sq.ft.	$214,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.91% Airbnb Rental Income: $1273 Traditional Rental Income: $1670 Airbnb ROI: 1.99% Traditional ROI: 5.91%
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.	$154,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 7.6% Airbnb Rental Income: $892 Traditional Rental Income: $1422 Airbnb ROI: 1.74% Traditional ROI: 7.6%
1015 Springwater Road Kokomo, IN Welcome to this beautifully remodeled 3-bedroom, 2-bath home in the desirable Highland Spr...	3 beds \| 2 baths \| 1,540 sq.ft.	$249,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 5.92% Airbnb Rental Income: $1273 Traditional Rental Income: $1893 Airbnb ROI: 1.59% Traditional ROI: 5.92%
4508 COLUMBUS Boulevard Kokomo, IN Be the first to see this 3 bedroom ranch in Northwestern Schools. Huge family room with f...	3 beds \| 2 baths \| 1,992 sq.ft.	$289,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.42% Airbnb Rental Income: $1273 Traditional Rental Income: $2212 Airbnb ROI: 1.51% Traditional ROI: 6.42%
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.	$284,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 8.18% Airbnb Rental Income: $1232 Traditional Rental Income: $2696 Airbnb ROI: 1.26% Traditional ROI: 8.18%
2304 EXECUTIVE Drive Kokomo, IN THE CONDO YOU HAVE BEEN WAITING FOR HAS JUST BEEN PLACED ON THE MARKET--This condo offers ...	2 beds \| 2 baths \| 1,840 sq.ft.	$224,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 6.37% Airbnb Rental Income: $892 Traditional Rental Income: $1990 Airbnb ROI: -0.37% Traditional ROI: 6.37%
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.	$229,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 6.99% Airbnb Rental Income: $1273 Traditional Rental Income: $1996 Airbnb ROI: 1.82% Traditional ROI: 6.99%
6077 BLUEGRASS Road Kokomo, IN Welcome to this exceptional custom-built brick home, located in the highly desirable Sycam...	4 beds \| 3 baths \| 2,499 sq.ft.	$439,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.78% Airbnb Rental Income: $1232 Traditional Rental Income: $2683 Airbnb ROI: 0.29% Traditional ROI: 4.78%
914 N Forest Drive Kokomo, IN Charming 3-Bed, 2-Bath Home with Exceptional Outdoor Living! Step into this thoughtfully l...	3 beds \| 2 baths \| 1,296 sq.ft.	$159,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 9.37% Airbnb Rental Income: $1273 Traditional Rental Income: $1790 Airbnb ROI: 3.36% Traditional ROI: 9.37%
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.	$214,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 8.78% Airbnb Rental Income: $1232 Traditional Rental Income: $2164 Airbnb ROI: 2.27% Traditional ROI: 8.78%
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.	$285,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 6.67% Airbnb Rental Income: $1273 Traditional Rental Income: $2295 Airbnb ROI: 1.37% Traditional ROI: 6.67%
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: 1.83% Traditional cash on cash: 6.53% Airbnb Rental Income: $1273 Traditional Rental Income: $1926 Airbnb ROI: 1.83% Traditional ROI: 6.53%
2017 N JAY Street Kokomo, IN Welcome to this quaint well-cared for Bungalow. Large Living Room with beautiful hardwood ...	4 beds \| 1 baths \| 1,218 sq.ft.	$134,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 10.56% Airbnb Rental Income: $1232 Traditional Rental Income: $1646 Airbnb ROI: 4.32% Traditional ROI: 10.56%
809 Pinoak Drive Kokomo, IN 809 Pinoak Dr., Kokomo, IN 46901 â Move-In Ready Brick Ranch with Major Updates & Peacef...	3 beds \| 2 baths \| 1,688 sq.ft.	$280,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 6.11% Airbnb Rental Income: $1273 Traditional Rental Income: $2078 Airbnb ROI: 1.54% Traditional ROI: 6.11%
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%
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: 0.9% Traditional cash on cash: 8.25% Airbnb Rental Income: $892 Traditional Rental Income: $1711 Airbnb ROI: 0.9% 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: 1.1% Traditional cash on cash: 7.75% Airbnb Rental Income: $1232 Traditional Rental Income: $2587 Airbnb ROI: 1.1% 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.	$239,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 4.42% Airbnb Rental Income: $892 Traditional Rental Income: $1392 Airbnb ROI: 0.71% Traditional ROI: 4.42%
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.	$234,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 5.85% Airbnb Rental Income: $892 Traditional Rental Income: $1897 Airbnb ROI: -0.19% Traditional ROI: 5.85%

Real Estate investment in Kokomo, IN

There are 41 properties for sale in the city of Kokomo . The median list price in Kokomo is $214,900 and the average price per square foot is $129. In September 2025, the average monthly cash on cash return in Kokomo is 7.00%. The average monthly rental income in Kokomo is $1,897.

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

There are 41 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 $1,897.

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: 1.58%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1232

Traditional Rental Income: $2286

Airbnb ROI: 1.58%

Traditional ROI: 9.03%

2976 Citrus Lake Drive

Kokomo, IN

3 beds | 2 baths | 1,038 sq.ft.

$199,900

Airbnb cash on cash: 2.25%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $1273

Traditional Rental Income: $1582

Airbnb ROI: 2.25%

Traditional ROI: 5.99%

4605 Orleans Drive

Kokomo, IN

3 beds | 2 baths | 1,788 sq.ft.

$190,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 9.27%

Airbnb Rental Income: $1273

Traditional Rental Income: $2093

Airbnb ROI: 2.51%

Traditional ROI: 9.27%

4895 W 50 S

Kokomo, IN

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

$249,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1232

Traditional Rental Income: $1789

Airbnb ROI: 1.31%

Traditional ROI: 5.34%

5313 Council Ring Boulevard

Kokomo, IN

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

$130,000

Airbnb cash on cash: 4.07%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1273

Traditional Rental Income: $1299

Airbnb ROI: 4.07%

Traditional ROI: 7.49%

3340 S 250 E

Kokomo, IN

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

$234,900

Airbnb cash on cash: 1.67%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $1273

Traditional Rental Income: $1897

Airbnb ROI: 1.67%

Traditional ROI: 6.28%

1616 Columbus Boulevard

Kokomo, IN

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

$155,995

Airbnb cash on cash: 3.65%

Traditional cash on cash: 7.2%

Airbnb Rental Income: $1273

Traditional Rental Income: $1402

Airbnb ROI: 3.65%

Traditional ROI: 7.2%

526 Cambridge Drive

Kokomo, IN

2 beds | 2 baths | 1,100 sq.ft.

$164,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $892

Traditional Rental Income: $1474

Airbnb ROI: 1.41%