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%
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 \| 3,363 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 Contingent accepting back up offers This charming 2-bedroom, 1-bathroom home offers 79...	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%
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.	$219,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.35% Airbnb Rental Income: $1283 Traditional Rental Income: $1996 Airbnb ROI: 1.99% Traditional ROI: 7.35%
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.	$199,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 9.5% Airbnb Rental Income: $1320 Traditional Rental Income: $2164 Airbnb ROI: 2.89% Traditional ROI: 9.5%
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.	$160,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 8.11% Airbnb Rental Income: $1283 Traditional Rental Income: $1599 Airbnb ROI: 3.41% Traditional ROI: 8.11%
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.	$184,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 7.36% Airbnb Rental Income: $1283 Traditional Rental Income: $1705 Airbnb ROI: 2.67% Traditional ROI: 7.36%
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%
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%
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%
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.	$169,900	Airbnb cash on cash: 3.16% Traditional cash on cash: 9.07% Airbnb Rental Income: $1283 Traditional Rental Income: $1837 Airbnb ROI: 3.16% Traditional ROI: 9.07%
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.	$299,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 5.61% Airbnb Rental Income: $1283 Traditional Rental Income: $2082 Airbnb ROI: 1.35% Traditional ROI: 5.61%
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%
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%
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%
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%
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.	$173,500	Airbnb cash on cash: 3.69% Traditional cash on cash: 9.29% Airbnb Rental Income: $1283 Traditional Rental Income: $1806 Airbnb ROI: 3.69% Traditional ROI: 9.29%
818 East Buckley Street Kokomo, IN This is a beautifully remodeled one-story home in a very convenient location; close to res...	3 beds \| 1 baths \| 1,042 sq.ft.	$129,900	Airbnb cash on cash: 4.63% Traditional cash on cash: 6.99% Airbnb Rental Income: $1283 Traditional Rental Income: $1175 Airbnb ROI: 4.63% Traditional ROI: 6.99%
813 TOMAHAWK Boulevard Kokomo, IN Very unique 3 bedroom home on nice sized lot. Step onto the covered porch with arched ope...	3 beds \| 1 baths \| 1,440 sq.ft.	$149,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 7.82% Airbnb Rental Income: $1283 Traditional Rental Income: $1460 Airbnb ROI: 3.78% Traditional ROI: 7.82%
615 E HAVENS Street Kokomo, IN Walk in and put your finishing touches on this 3 bedroom, 1 bath home located on a corner ...	3 beds \| 1 baths \| 1,424 sq.ft.	$109,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 10.62% Airbnb Rental Income: $1283 Traditional Rental Income: $1487 Airbnb ROI: 4.92% Traditional ROI: 10.62%
2417 N Calumet Street Kokomo, IN Looking for a move in ready home close to all that Kokomo has to offer? Look no further! T...	3 beds \| 1 baths \| 1,020 sq.ft.	$189,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.53% Airbnb Rental Income: $1283 Traditional Rental Income: $1426 Airbnb ROI: 2.5% Traditional ROI: 5.53%
705 PINOAK Drive Kokomo, IN Welcome home to this beautifully updated 3 BR 2 Bath home in Northwestern School District....	3 beds \| 2 baths \| 1,638 sq.ft.	$285,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 5.74% Airbnb Rental Income: $1283 Traditional Rental Income: $2022 Airbnb ROI: 1.49% Traditional ROI: 5.74%
2126 Upland Ridge Way Kokomo, IN Beautiful 2 yr. old home in the new Highland Springs Subdivision. This home has an open co...	3 beds \| 2 baths \| 1,236 sq.ft.	$249,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 5.95% Airbnb Rental Income: $1283 Traditional Rental Income: $1967 Airbnb ROI: 1.35% Traditional ROI: 5.95%
807 S Waugh Street Kokomo, IN Cute and welcoming, this charming 1.5-story home offers 3 cozy bedrooms, 1 bathroom, and a...	3 beds \| 1 baths \| 1,144 sq.ft.	$100,000	Airbnb cash on cash: 6.63% Traditional cash on cash: 11.99% Airbnb Rental Income: $1283 Traditional Rental Income: $1401 Airbnb ROI: 6.63% Traditional ROI: 11.99%
2125 Foxfire Lane Kokomo, IN Beautiful ranch style home located on the 9th fairway at Wildcat Creek Golf Course. Very ...	4 beds \| 4 baths \| 2,434 sq.ft.	$465,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 4.8% Airbnb Rental Income: $1320 Traditional Rental Income: $2932 Airbnb ROI: 0.16% Traditional ROI: 4.8%
2132 LYNN Drive Kokomo, IN Just hit the market. Come see this beautiful ranch with full basement on large lot. All ...	3 beds \| 3 baths \| 2,144 sq.ft.	$329,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.04% Airbnb Rental Income: $1283 Traditional Rental Income: $2447 Airbnb ROI: -0.01% Traditional ROI: 5.04%
1746 W Sycamore Street Kokomo, IN Welcome to 1746 West Sycamore Streetâwhere classic charm meets modern comfort. Nestled i...	3 beds \| 1 baths \| 1,467 sq.ft.	$189,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 6.47% Airbnb Rental Income: $1283 Traditional Rental Income: $1539 Airbnb ROI: 2.82% Traditional ROI: 6.47%
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.	$249,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 7.39% Airbnb Rental Income: $1320 Traditional Rental Income: $2233 Airbnb ROI: 1.79% Traditional ROI: 7.39%
1718 S Union Street Kokomo, IN Welcoming 3-bedroom vinyl-sided bungalow on Kokomoâs south side. Enjoy a spacious knotty...	3 beds \| 1 baths \| 1,152 sq.ft.	$120,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 8.88% Airbnb Rental Income: $1283 Traditional Rental Income: $1429 Airbnb ROI: 4.14% Traditional ROI: 8.88%
1014 E FIRMIN Street Kokomo, IN This home was totally rebuilt in 2016. Nice sized bedrooms, open concept in living room a...	2 beds \| 1 baths \| 912 sq.ft.	$118,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 7.8% Airbnb Rental Income: $774 Traditional Rental Income: $1252 Airbnb ROI: 0.82% Traditional ROI: 7.8%
6610 W 400 NORTH Kokomo, IN Peaceful living meets modern updates in this northwestern Howard County ranch! This home o...	3 beds \| 3 baths \| 1,718 sq.ft.	$280,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.07% Airbnb Rental Income: $1283 Traditional Rental Income: $2115 Airbnb ROI: 1.39% Traditional ROI: 6.07%
1801 Pontiac Drive Kokomo, IN Welcome home to this charming ranch on a corner lot in a quiet cul-de-sacâwhere convenie...	3 beds \| 2 baths \| 1,409 sq.ft.	$175,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 8.05% Airbnb Rental Income: $1283 Traditional Rental Income: $1775 Airbnb ROI: 2.68% Traditional ROI: 8.05%

Real Estate investment in Kokomo, IN

There are 47 properties for sale in the city of Kokomo . The median list price in Kokomo is $169,900 and the average price per square foot is $113. In January 2026, the average monthly cash on cash return in Kokomo is 8.00%. The average monthly rental income in Kokomo is $1,686.

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

There are 47 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 $1,686.

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%

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 | 3,363 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

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%

235 GREENBRIAR Street

Kokomo, IN

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%