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
1116 SPRING HILL Drive Kokomo, IN THIS HOME HAS YOUR NAME ON IT--This water front home in Highland Springs offers 4 BR's, 2-...	4 beds \| 3 baths \| 2,771 sq.ft.	$334,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 6.68% Airbnb Rental Income: $1703 Traditional Rental Income: $2759 Airbnb ROI: 1.82% Traditional ROI: 6.68%
1931 S Armstrong Street Kokomo, IN Welcome to 1931 S. Armstrong Street, where classic charm meets modern updates! This beauti...	2 beds \| 1 baths \| 820 sq.ft.	$140,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.17% Airbnb Rental Income: $1011 Traditional Rental Income: $1074 Airbnb ROI: 3.04% Traditional ROI: 6.17%
3809 ORLEANS Drive Kokomo, IN Move-in ready and full of space! This 4 bedroom, 2.5 bath home offers over 2200 square fee...	4 beds \| 3 baths \| 2,263 sq.ft.	$285,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.43% Airbnb Rental Income: $1703 Traditional Rental Income: $2001 Airbnb ROI: 2.56% Traditional ROI: 5.43%
1303 S Locke Street Kokomo, IN Welcome home to this inviting, newly remodeled home in the heart of Kokomo! The property i...	2 beds \| 1 baths \| 962 sq.ft.	$134,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.76% Airbnb Rental Income: $1011 Traditional Rental Income: $1118 Airbnb ROI: 3.18% Traditional ROI: 6.76%
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: 2.98% Traditional cash on cash: 5.34% Airbnb Rental Income: $1703 Traditional Rental Income: $1789 Airbnb ROI: 2.98% 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: 0.58% Traditional cash on cash: 6.28% Airbnb Rental Income: $984 Traditional Rental Income: $1897 Airbnb ROI: 0.58% Traditional ROI: 6.28%
376 ARIEL Drive Kokomo, IN Move In Ready! Beautiful and spacious 4 bedroom, 2 1/2 bath home has many updates in the l...	4 beds \| 3 baths \| 1,826 sq.ft.	$299,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.49% Airbnb Rental Income: $1703 Traditional Rental Income: $2376 Airbnb ROI: 2.43% Traditional ROI: 6.49%
2204 BEAUVOIR Court Kokomo, IN Not too much to do here to make this yours day of closing!! Features eat in kitchen, with ...	3 beds \| 1 baths \| 832 sq.ft.	$113,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 9.77% Airbnb Rental Income: $984 Traditional Rental Income: $1355 Airbnb ROI: 3.15% Traditional ROI: 9.77%
1228 S Jay Street Kokomo, IN Remodeled, 2-bedroom, 1 Bath home. This adorable home is welcoming when you walk in and is...	2 beds \| 1 baths \| 572 sq.ft.	$99,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 7.37% Airbnb Rental Income: $1011 Traditional Rental Income: $912 Airbnb ROI: 4.69% Traditional ROI: 7.37%
2002 Kerri Lynn Lane Kokomo, IN Opportunities like this don't come along very often! This meticulously maintained custom 3...	3 beds \| 3 baths \| 3,417 sq.ft.	$405,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 5.16% Airbnb Rental Income: $984 Traditional Rental Income: $2985 Airbnb ROI: -1.04% Traditional ROI: 5.16%
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.	$145,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 8.96% Airbnb Rental Income: $1703 Traditional Rental Income: $1583 Airbnb ROI: 6.42% Traditional ROI: 8.96%
917 W SYCAMORE Street Kokomo, IN This very well maintained 4 bedroom, 2 bath older home blends historic charm with everyday...	4 beds \| 2 baths \| 1,876 sq.ft.	$239,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 7.72% Airbnb Rental Income: $1703 Traditional Rental Income: $2233 Airbnb ROI: 3.29% Traditional ROI: 7.72%
3341 Morrow Drive Kokomo, IN OPEN HOUSE Sun, Feb. 22 1-3pm. Built in 2020 and nestled in a desirable subdivision, this...	4 beds \| 3 baths \| 3,400 sq.ft.	$374,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.92% Airbnb Rental Income: $1703 Traditional Rental Income: $2830 Airbnb ROI: 1.38% Traditional ROI: 5.92%
6633 E 400 S Kokomo, IN Built in 1877, this traditional home features stunning original woodwork, hard wood floors...	5 beds \| 3 baths \| 3,484 sq.ft.	$364,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.35% Airbnb Rental Income: $1431 Traditional Rental Income: $2817 Airbnb ROI: 1.05% Traditional ROI: 6.35%
3613 CANDY Lane Kokomo, IN Welcome to this 4 bedroom, 2.5 bath, traditional two story home. Featuring a bright living...	4 beds \| 3 baths \| 2,335 sq.ft.	$284,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 7.54% Airbnb Rental Income: $1703 Traditional Rental Income: $2563 Airbnb ROI: 2.57% Traditional ROI: 7.54%
935 E MONROE Street Kokomo, IN Pack your bags and move in! Fresh paint through-out, new vinyl planking and refinished woo...	3 beds \| 1 baths \| 1,174 sq.ft.	$129,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 8.35% Airbnb Rental Income: $984 Traditional Rental Income: $1393 Airbnb ROI: 2.25% Traditional ROI: 8.35%
3278 Sand Walk Drive Kokomo, IN SELLERS NOW OFFERING $2000 USE AS YOU CHOOSE MONEY with reasonable offer Welcome to 32...	5 beds \| 3 baths \| 2,995 sq.ft.	$415,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.23% Airbnb Rental Income: $1431 Traditional Rental Income: $2872 Airbnb ROI: 0.43% Traditional ROI: 5.23%
2806 W Sycamore Street Kokomo, IN Welcome to your own retreat on the edge of town, where you can enjoy a peaceful setting th...	3 beds \| 2 baths \| 1,504 sq.ft.	$210,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 7.67% Airbnb Rental Income: $984 Traditional Rental Income: $1955 Airbnb ROI: 1.02% Traditional ROI: 7.67%
1107 E Mulberry Street Kokomo, IN Welcome to 1107 E Mulberry Street, a beautifully updated single wide mobile home offering ...	3 beds \| 2 baths \| 960 sq.ft.	$140,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 8.25% Airbnb Rental Income: $984 Traditional Rental Income: $1384 Airbnb ROI: 2.64% Traditional ROI: 8.25%
936 E Center Road Kokomo, IN Welcome to this spacious and beautifully maintained ranch home, perfectly situated on just...	4 beds \| 3 baths \| 2,172 sq.ft.	$315,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.74% Airbnb Rental Income: $1703 Traditional Rental Income: $2579 Airbnb ROI: 2.19% Traditional ROI: 6.74%
1503 S GOYER Road Kokomo, IN Clean 3-bedroom, 1.5-bath ranch style home on the south side of Kokomo. Eat-in kitchen inc...	3 beds \| 2 baths \| 1,092 sq.ft.	$155,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.24% Airbnb Rental Income: $984 Traditional Rental Income: $1576 Airbnb ROI: 1.9% Traditional ROI: 8.24%
626 E Jackson Street Kokomo, IN Welcome to 626 E. Jackson Street in Kokomo! This 3 bedroom, 1 bathroom home offers 1,052 f...	3 beds \| 1 baths \| 1,052 sq.ft.	$114,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 8.11% Airbnb Rental Income: $984 Traditional Rental Income: $1200 Airbnb ROI: 2.99% Traditional ROI: 8.11%
205 W KING Street Kokomo, IN Welcome to the Harrison Model Home at 205 W King Street in Kokomo, Indiana. Where modern s...	3 beds \| 3 baths \| 1,700 sq.ft.	$234,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 8.56% Airbnb Rental Income: $984 Traditional Rental Income: $2254 Airbnb ROI: 1.26% Traditional ROI: 8.56%
1110 E Vaille Avenue Kokomo, IN Newly renovated home with major updates throughout! Features include a new roof (2023), ne...	3 beds \| 1 baths \| 1,540 sq.ft.	$115,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 10.54% Airbnb Rental Income: $984 Traditional Rental Income: $1412 Airbnb ROI: 3.52% Traditional ROI: 10.54%
3457 Briarwick Drive Kokomo, IN Built in 2024, this 4 bedroom, 2.5 bath home with a 3-car garage features clean, beautiful...	4 beds \| 3 baths \| 2,169 sq.ft.	$328,500	Airbnb cash on cash: 2.58% Traditional cash on cash: 7.74% Airbnb Rental Income: $1703 Traditional Rental Income: $2824 Airbnb ROI: 2.58% Traditional ROI: 7.74%
916 E FISCHER Street Kokomo, IN Move In Ready in this 3 bedroom 2 bath home. Many updates include central air, kitchen top...	3 beds \| 1 baths \| 1,248 sq.ft.	$162,500	Airbnb cash on cash: 1.81% Traditional cash on cash: 7.28% Airbnb Rental Income: $984 Traditional Rental Income: $1479 Airbnb ROI: 1.81% Traditional ROI: 7.28%
2916 ROSE Lane Kokomo, IN Welcome home to this beautifully maintained one-owner traditional two-story home, ideally ...	4 beds \| 3 baths \| 2,364 sq.ft.	$305,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 7.32% Airbnb Rental Income: $1703 Traditional Rental Income: $2663 Airbnb ROI: 2.33% Traditional ROI: 7.32%
3271 Sand Walk Drive Kokomo, IN Welcome to 3271 Sand Walk Drive, where modern elegance, comfort, and exceptional value com...	3 beds \| 2 baths \| 1,641 sq.ft.	$279,999	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.85% Airbnb Rental Income: $984 Traditional Rental Income: $2095 Airbnb ROI: 0.3% Traditional ROI: 5.85%
3241 SOMERS Drive Kokomo, IN Like New Construction! Stunning w/ nearly 3,200 SF boasting a modern floor plan w/ 9' Ceil...	5 beds \| 3 baths \| 3,189 sq.ft.	$374,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 6.12% Airbnb Rental Income: $1431 Traditional Rental Income: $2897 Airbnb ROI: 0.74% Traditional ROI: 6.12%
7331 E 400 S Kokomo, IN This home has been CHARMED UP!! Completely remodeled and move-in ready, this exceptional c...	3 beds \| 2 baths \| 2,982 sq.ft.	$349,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 5.43% Airbnb Rental Income: $984 Traditional Rental Income: $2313 Airbnb ROI: 0.31% Traditional ROI: 5.43%
3107 CROOKED STICK Drive Kokomo, IN Spacious home with the added bonus of a private 1-Bedroom apartment. Perfect for guests, f...	5 beds \| 4 baths \| 4,451 sq.ft.	$479,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.86% Airbnb Rental Income: $1431 Traditional Rental Income: $3531 Airbnb ROI: 0.23% Traditional ROI: 5.86%

Real Estate investment in Kokomo, IN

There are 63 properties for sale in the city of Kokomo . The median list price in Kokomo is $174,895 and the average price per square foot is $94. In July 2026, the average monthly cash on cash return in Kokomo is 7.00%. The average monthly rental income in Kokomo is $1,957.

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

There are 63 investment properties available for sale in Kokomo.

In 2026, 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 $1,957.

Your search for investment property begins and ends here

Investment Property for Sale in Kokomo, IN

1116 SPRING HILL Drive

Kokomo, IN

4 beds | 3 baths | 2,771 sq.ft.

$334,900

Airbnb cash on cash: 1.82%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1703

Traditional Rental Income: $2759

Airbnb ROI: 1.82%

Traditional ROI: 6.68%

1931 S Armstrong Street

Kokomo, IN

2 beds | 1 baths | 820 sq.ft.

$140,000

Airbnb cash on cash: 3.04%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $1011

Traditional Rental Income: $1074

Airbnb ROI: 3.04%

Traditional ROI: 6.17%

3809 ORLEANS Drive

Kokomo, IN

4 beds | 3 baths | 2,263 sq.ft.

$285,000

Airbnb cash on cash: 2.56%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $1703

Traditional Rental Income: $2001

Airbnb ROI: 2.56%

Traditional ROI: 5.43%

1303 S Locke Street

Kokomo, IN

2 beds | 1 baths | 962 sq.ft.

$134,900

Airbnb cash on cash: 3.18%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1011

Traditional Rental Income: $1118

Airbnb ROI: 3.18%

Traditional ROI: 6.76%

4895 W 50 S

Kokomo, IN

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

$249,900

Airbnb cash on cash: 2.98%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1703

Traditional Rental Income: $1789

Airbnb ROI: 2.98%

Traditional ROI: 5.34%

3340 S 250 E

Kokomo, IN

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

$234,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $984

Traditional Rental Income: $1897

Airbnb ROI: 0.58%

Traditional ROI: 6.28%

376 ARIEL Drive

Kokomo, IN

4 beds | 3 baths | 1,826 sq.ft.

$299,900

Airbnb cash on cash: 2.43%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $1703

Traditional Rental Income: $2376

Airbnb ROI: 2.43%

Traditional ROI: 6.49%

2204 BEAUVOIR Court

Kokomo, IN

3 beds | 1 baths | 832 sq.ft.

$113,000

Airbnb cash on cash: 3.15%

Traditional cash on cash: 9.77%

Airbnb Rental Income: $984

Traditional Rental Income: $1355

Airbnb ROI: 3.15%