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
364 ARIEL Drive Kokomo, IN This 3 bedroom, 2 bath ranch built in 2018 offers spacious open-concept living and a move-...	3 beds \| 2 baths \| 1,229 sq.ft.	$199,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 7.29% Airbnb Rental Income: $856 Traditional Rental Income: $1818 Airbnb ROI: 0.48% Traditional ROI: 7.29%
401 ARIEL Drive Kokomo, IN Beautiful 4 bed, 2 bath home in Northwestern School District. Only 7 years old with open ...	4 beds \| 2 baths \| 1,439 sq.ft.	$235,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 7.04% Airbnb Rental Income: $1220 Traditional Rental Income: $2046 Airbnb ROI: 1.58% Traditional ROI: 7.04%
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: 0.54% Traditional cash on cash: 6.68% Airbnb Rental Income: $1220 Traditional Rental Income: $2759 Airbnb ROI: 0.54% Traditional ROI: 6.68%
6308 Windwood Drive Kokomo, IN This spacious and completely updated home sits on over half an acre in the sought-after No...	4 beds \| 3 baths \| 1,862 sq.ft.	$254,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 8.61% Airbnb Rental Income: $1220 Traditional Rental Income: $2504 Airbnb ROI: 1.64% Traditional ROI: 8.61%
624 W FOSTER Street Kokomo, IN This adorable 2 Bedroom, 1 1/2 Bath home features open concept living. Fully applianced ki...	2 beds \| 2 baths \| 972 sq.ft.	$104,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 10.59% Airbnb Rental Income: $850 Traditional Rental Income: $1375 Airbnb ROI: 2.18% Traditional ROI: 10.59%
1108 E FISCHER Street Kokomo, IN Be the first to see this charming ranch with updated interior. Beautiful engineered hardw...	2 beds \| 1 baths \| 864 sq.ft.	$142,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 6.48% Airbnb Rental Income: $850 Traditional Rental Income: $1205 Airbnb ROI: 1.48% Traditional ROI: 6.48%
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: 1.27% Traditional cash on cash: 5.34% Airbnb Rental Income: $1220 Traditional Rental Income: $1789 Airbnb ROI: 1.27% 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: 0.1% Traditional cash on cash: 6.28% Airbnb Rental Income: $856 Traditional Rental Income: $1897 Airbnb ROI: 0.1% Traditional ROI: 6.28%
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: 2.17% Traditional cash on cash: 9.77% Airbnb Rental Income: $856 Traditional Rental Income: $1355 Airbnb ROI: 2.17% 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.	$105,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.91% Airbnb Rental Income: $850 Traditional Rental Income: $912 Airbnb ROI: 3.06% Traditional ROI: 6.91%
2002 Kerri Lynn Lane Kokomo, IN Opportunities like this don't come along very often! This meticulously maintained custom ...	3 beds \| 3 baths \| 3,417 sq.ft.	$410,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 5.08% Airbnb Rental Income: $856 Traditional Rental Income: $2985 Airbnb ROI: -1.32% Traditional ROI: 5.08%
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.	$160,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 7.05% Airbnb Rental Income: $856 Traditional Rental Income: $1599 Airbnb ROI: 0.02% Traditional ROI: 7.05%
310 Greenbriar Street Kokomo, IN Back on Market again!! (previous 2 buyers financing fell through) Don't miss out on anoth...	3 beds \| 2 baths \| 1,440 sq.ft.	$169,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 9.07% Airbnb Rental Income: $856 Traditional Rental Income: $1837 Airbnb ROI: 0.96% Traditional ROI: 9.07%
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: 1.4% Traditional cash on cash: 7.92% Airbnb Rental Income: $850 Traditional Rental Income: $1333 Airbnb ROI: 1.4% Traditional ROI: 7.92%
835 LANDO CREEK Drive Kokomo, IN Beautiful home built in 2024. This 3 Bedroom, 2 Bath home offers 1771 square feet with a ...	3 beds \| 2 baths \| 1,771 sq.ft.	$299,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.67% Airbnb Rental Income: $856 Traditional Rental Income: $2184 Airbnb ROI: -0.21% Traditional ROI: 5.67%
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: 3.52% Traditional cash on cash: 8.96% Airbnb Rental Income: $1220 Traditional Rental Income: $1583 Airbnb ROI: 3.52% Traditional ROI: 8.96%
1505 S GOYER Road Kokomo, IN Immediate possession offered with this three bedroom two full bath stone ranch!! Features ...	3 beds \| 2 baths \| 1,356 sq.ft.	$169,500	Airbnb cash on cash: 1.6% Traditional cash on cash: 9.53% Airbnb Rental Income: $856 Traditional Rental Income: $1806 Airbnb ROI: 1.6% Traditional ROI: 9.53%
1110 E Taylor Street Kokomo, IN Welcome to this move-in ready 2 bedroom, 1 bath home in the heart of Kokomo. Perfect for a...	2 beds \| 1 baths \| 768 sq.ft.	$99,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 9.45% Airbnb Rental Income: $850 Traditional Rental Income: $1157 Airbnb ROI: 2.83% Traditional ROI: 9.45%
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: 1.52% Traditional cash on cash: 7.72% Airbnb Rental Income: $1220 Traditional Rental Income: $2233 Airbnb ROI: 1.52% Traditional ROI: 7.72%
3734 W 350 S Kokomo, IN Escape to your own private retreat on 9.65 acres of Indiana countryside! 3-bedroom, 2-bath...	3 beds \| 2 baths \| 2,081 sq.ft.	$575,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.51% Airbnb Rental Income: $856 Traditional Rental Income: $2230 Airbnb ROI: -0.66% Traditional ROI: 2.51%
1106 W Boulevard Street Kokomo, IN LOCATION! LOW MAINTENANCE! EASE OF LIVING! Very attractive, maintenance free, brick townho...	2 beds \| 3 baths \| 1,364 sq.ft.	$134,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 10.59% Airbnb Rental Income: $850 Traditional Rental Income: $1739 Airbnb ROI: 1.17% Traditional ROI: 10.59%
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: 0.23% Traditional cash on cash: 5.92% Airbnb Rental Income: $1220 Traditional Rental Income: $2830 Airbnb ROI: 0.23% Traditional ROI: 5.92%
6633 E 400 SOUTH Kokomo, IN Built in 1877, this traditional home features stunning original woodwork, hard wood floors...	5 beds \| 3 baths \| 3,484 sq.ft.	$374,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 6.15% Airbnb Rental Income: $913 Traditional Rental Income: $2817 Airbnb ROI: -0.23% Traditional ROI: 6.15%
910 HIGHLAND SPRINGS Lane Kokomo, IN Gorgeous 2024 New build ready for you to call home! Home offers open-concept floor plan pe...	3 beds \| 2 baths \| 1,687 sq.ft.	$305,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.15% Airbnb Rental Income: $856 Traditional Rental Income: $2081 Airbnb ROI: -0.27% Traditional ROI: 5.15%
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: 1.07% Traditional cash on cash: 7.54% Airbnb Rental Income: $1220 Traditional Rental Income: $2563 Airbnb ROI: 1.07% Traditional ROI: 7.54%
1933 MARJORIE Lane Kokomo, IN Spectacular in-ground pool! This well maintained 3 bedroom, 2.5 bath home offers the flex...	3 beds \| 3 baths \| 2,640 sq.ft.	$359,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.29% Airbnb Rental Income: $856 Traditional Rental Income: $2797 Airbnb ROI: -0.43% Traditional ROI: 6.29%
935 E MONROE Street Kokomo, IN Pack your bags and move in! Fresh paint through-out, new vinyl planking and refinished wo...	3 beds \| 1 baths \| 1,174 sq.ft.	$139,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 7.71% Airbnb Rental Income: $856 Traditional Rental Income: $1393 Airbnb ROI: 1.23% Traditional ROI: 7.71%
4411 WILLOW Drive Kokomo, IN Nice 3 bedroom 2 bath ranch with 2 car attached garage, big storage barn & detached garage...	3 beds \| 2 baths \| 1,654 sq.ft.	$274,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 6.21% Airbnb Rental Income: $856 Traditional Rental Income: $1993 Airbnb ROI: 0.54% Traditional ROI: 6.21%
1931 S Bell Street Kokomo, IN Located at 1931 South Bell Street in Kokomo, this brand new 3 bedroom, 2 bathroom home off...	3 beds \| 2 baths \| 1,414 sq.ft.	$239,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.93% Airbnb Rental Income: $856 Traditional Rental Income: $1902 Airbnb ROI: 0.85% Traditional ROI: 6.93%
2505 N Purdum Street Kokomo, IN Brand new vinyl siding!! Affordable, renovated & move in ready on N Purdum St, this single...	2 beds \| 1 baths \| 720 sq.ft.	$95,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 7.97% Airbnb Rental Income: $850 Traditional Rental Income: $1010 Airbnb ROI: 2.72% Traditional ROI: 7.97%
824 W Elm Street Kokomo, IN This full brick, 3-bedroom, 1 bath home has been recently updated & is move in ready! Near...	3 beds \| 1 baths \| 1,370 sq.ft.	$105,555	Airbnb cash on cash: 2.37% Traditional cash on cash: 11.97% Airbnb Rental Income: $856 Traditional Rental Income: $1507 Airbnb ROI: 2.37% Traditional ROI: 11.97%
2848 Bridgestone Circle Kokomo, IN Welcome to this well-maintained 2-bedroom, 2-bath condo located in a highly desirable sout...	2 beds \| 2 baths \| 1,575 sq.ft.	$249,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 6.51% Airbnb Rental Income: $850 Traditional Rental Income: $2048 Airbnb ROI: 0.01% Traditional ROI: 6.51%
3278 Sand Walk Drive Kokomo, IN Welcome to 3278 Sand Walk Drive! A spacious and beautifully designed 5-bedroom, 2.5-bath h...	5 beds \| 3 baths \| 2,995 sq.ft.	$430,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 5.02% Airbnb Rental Income: $913 Traditional Rental Income: $2872 Airbnb ROI: -0.69% Traditional ROI: 5.02%
3634 W 400 S Kokomo, IN Beautiful Home on 2.13 Acres in Western School District! Thereâs so much to love about t...	4 beds \| 3 baths \| 2,688 sq.ft.	$489,500	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.43% Airbnb Rental Income: $1220 Traditional Rental Income: $2786 Airbnb ROI: 0.15% Traditional ROI: 4.43%
3215 Benair Drive Kokomo, IN Welcome home to this nearly new ONE LEVEL 3-bedroom, 2 full bath ranch offering modern com...	3 beds \| 2 baths \| 1,450 sq.ft.	$249,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 5.94% Airbnb Rental Income: $856 Traditional Rental Income: $1948 Airbnb ROI: -0.09% Traditional ROI: 5.94%
1019 E ELM Street Kokomo, IN Nice 2 bed, 2 full bath home with basement sitting on nice lot. Newer carpeting, updated ...	2 beds \| 2 baths \| 720 sq.ft.	$95,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 10.98% Airbnb Rental Income: $850 Traditional Rental Income: $1271 Airbnb ROI: 2.86% Traditional ROI: 10.98%
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: 0.48% Traditional cash on cash: 7.67% Airbnb Rental Income: $856 Traditional Rental Income: $1955 Airbnb ROI: 0.48% 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: 1.84% Traditional cash on cash: 8.25% Airbnb Rental Income: $856 Traditional Rental Income: $1384 Airbnb ROI: 1.84% Traditional ROI: 8.25%
3734 W 350 Kokomo, IN Escape to your own private retreat on 9.5 acres of Indiana countryside! 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 2,081 sq.ft.	$575,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.48% Airbnb Rental Income: $856 Traditional Rental Income: $2212 Airbnb ROI: -0.66% Traditional ROI: 2.48%
3154 Villas Drive Kokomo, IN Welcome to this well-maintained 2-bedroom, 2-bath brick condominium offering comfort, conv...	2 beds \| 2 baths \| 1,330 sq.ft.	$189,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 6.52% Airbnb Rental Income: $850 Traditional Rental Income: $1789 Airbnb ROI: -0.51% Traditional ROI: 6.52%

Real Estate investment in Kokomo, IN

There are 56 properties for sale in the city of Kokomo . The median list price in Kokomo is $204,950 and the average price per square foot is $118. In May 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 56 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

364 ARIEL Drive

Kokomo, IN

3 beds | 2 baths | 1,229 sq.ft.

$199,900

Airbnb cash on cash: 0.48%

Traditional cash on cash: 7.29%

Airbnb Rental Income: $856

Traditional Rental Income: $1818

Airbnb ROI: 0.48%

Traditional ROI: 7.29%

401 ARIEL Drive

Kokomo, IN

4 beds | 2 baths | 1,439 sq.ft.

$235,900

Airbnb cash on cash: 1.58%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1220

Traditional Rental Income: $2046

Airbnb ROI: 1.58%

Traditional ROI: 7.04%

1116 SPRING HILL Drive

Kokomo, IN

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

$334,900

Airbnb cash on cash: 0.54%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1220

Traditional Rental Income: $2759

Airbnb ROI: 0.54%

Traditional ROI: 6.68%

6308 Windwood Drive

Kokomo, IN

4 beds | 3 baths | 1,862 sq.ft.

$254,900

Airbnb cash on cash: 1.64%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1220

Traditional Rental Income: $2504

Airbnb ROI: 1.64%

Traditional ROI: 8.61%

624 W FOSTER Street

Kokomo, IN

2 beds | 2 baths | 972 sq.ft.

$104,900

Airbnb cash on cash: 2.18%

Traditional cash on cash: 10.59%

Airbnb Rental Income: $850

Traditional Rental Income: $1375

Airbnb ROI: 2.18%

Traditional ROI: 10.59%

1108 E FISCHER Street

Kokomo, IN

2 beds | 1 baths | 864 sq.ft.

$142,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $850

Traditional Rental Income: $1205

Airbnb ROI: 1.48%

Traditional ROI: 6.48%

4895 W 50 S

Kokomo, IN

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

$249,900

Airbnb cash on cash: 1.27%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1220

Traditional Rental Income: $1789

Airbnb ROI: 1.27%

Traditional ROI: 5.34%

3340 S 250 E

Kokomo, IN

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

$234,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $856

Traditional Rental Income: $1897

Airbnb ROI: 0.1%