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

separator

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: 0.5% Traditional cash on cash: 7.29% Airbnb Rental Income: $861 Traditional Rental Income: $1818 Airbnb ROI: 0.5% Traditional ROI: 7.29%
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: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 6.68%
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: 1.7% Traditional cash on cash: 6.48% Airbnb Rental Income: $886 Traditional Rental Income: $1205 Airbnb ROI: 1.7% Traditional ROI: 6.48%
3809 ORLEANS Drive Kokomo, IN Updated and move in ready 4 bedroom, 2.5 bath home. Home offers approximately 2263 sq. ft...	4 beds \| 3 baths \| 2,263 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2001 Airbnb ROI: N/A Traditional ROI: 5.14%
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: 2.37% Traditional cash on cash: 6.76% Airbnb Rental Income: $886 Traditional Rental Income: $1118 Airbnb ROI: 2.37% 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: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A 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: 0.12% Traditional cash on cash: 6.28% Airbnb Rental Income: $861 Traditional Rental Income: $1897 Airbnb ROI: 0.12% 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: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $2376 Airbnb ROI: N/A 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: 2.21% Traditional cash on cash: 9.77% Airbnb Rental Income: $861 Traditional Rental Income: $1355 Airbnb ROI: 2.21% 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: 3.35% Traditional cash on cash: 6.91% Airbnb Rental Income: $886 Traditional Rental Income: $912 Airbnb ROI: 3.35% 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: -1.31% Traditional cash on cash: 5.08% Airbnb Rental Income: $861 Traditional Rental Income: $2985 Airbnb ROI: -1.31% 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: 0.04% Traditional cash on cash: 7.05% Airbnb Rental Income: $861 Traditional Rental Income: $1599 Airbnb ROI: 0.04% Traditional ROI: 7.05%
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: 1.64% Traditional cash on cash: 7.92% Airbnb Rental Income: $886 Traditional Rental Income: $1333 Airbnb ROI: 1.64% Traditional ROI: 7.92%
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: N/A Traditional cash on cash: 8.96% Airbnb Rental Income: $null Traditional Rental Income: $1583 Airbnb ROI: N/A 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: 1.62% Traditional cash on cash: 9.53% Airbnb Rental Income: $861 Traditional Rental Income: $1806 Airbnb ROI: 1.62% Traditional ROI: 9.53%
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: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $2233 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2830 Airbnb ROI: N/A 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.	$369,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 6.25% Airbnb Rental Income: $933 Traditional Rental Income: $2817 Airbnb ROI: -0.17% Traditional ROI: 6.25%
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: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $2563 Airbnb ROI: N/A 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 wo...	3 beds \| 1 baths \| 1,174 sq.ft.	$134,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 8.02% Airbnb Rental Income: $861 Traditional Rental Income: $1393 Airbnb ROI: 1.35% Traditional ROI: 8.02%
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.	$250,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 6.91% Airbnb Rental Income: $861 Traditional Rental Income: $1993 Airbnb ROI: 0.71% Traditional ROI: 6.91%
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: 0.87% Traditional cash on cash: 6.93% Airbnb Rental Income: $861 Traditional Rental Income: $1902 Airbnb ROI: 0.87% Traditional ROI: 6.93%
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: -0.65% Traditional cash on cash: 5.02% Airbnb Rental Income: $933 Traditional Rental Income: $2872 Airbnb ROI: -0.65% 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: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $2786 Airbnb ROI: N/A Traditional ROI: 4.43%
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: 0.51% Traditional cash on cash: 7.67% Airbnb Rental Income: $861 Traditional Rental Income: $1955 Airbnb ROI: 0.51% 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: 1.88% Traditional cash on cash: 8.25% Airbnb Rental Income: $861 Traditional Rental Income: $1384 Airbnb ROI: 1.88% Traditional ROI: 8.25%
5906 Monona Drive Kokomo, IN This beautiful 4 bed 2 bath home is in pristine, move-in condition and looks fantastic. Ch...	4 beds \| 2 baths \| 1,176 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $1774 Airbnb ROI: N/A Traditional ROI: 8.36%
1308 E VAILE Avenue Kokomo, IN Located near the newly renovated Putt Putt & Pickle Ball Court, this 4 bedroom, 2 bath hom...	4 beds \| 2 baths \| 1,800 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.88% Airbnb Rental Income: $null Traditional Rental Income: $2091 Airbnb ROI: N/A Traditional ROI: 9.88%
3277 ALMQUIST Lane Kokomo, IN Exceptional best describes this custom built home by John Smith, So many beautiful feature...	3 beds \| 2 baths \| 1,680 sq.ft.	$279,900	Airbnb cash on cash: -1.1% Traditional cash on cash: 4.53% Airbnb Rental Income: $861 Traditional Rental Income: $2013 Airbnb ROI: -1.1% Traditional ROI: 4.53%
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: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 6.74%
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.	$119,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 7.75% Airbnb Rental Income: $861 Traditional Rental Income: $1200 Airbnb ROI: 1.94% Traditional ROI: 7.75%
511 Branded Boulevard Kokomo, IN Completely remodeled with exceptional craftsmanship and attention to detail, this stunning...	3 beds \| 2 baths \| 1,890 sq.ft.	$295,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 5.56% Airbnb Rental Income: $861 Traditional Rental Income: $2142 Airbnb ROI: -0.25% Traditional ROI: 5.56%
1808 GORDON Drive Kokomo, IN Attractive all brick ranch home situated on a corner lot in desirable neighborhood. Featu...	3 beds \| 2 baths \| 1,556 sq.ft.	$239,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 6.69% Airbnb Rental Income: $861 Traditional Rental Income: $1958 Airbnb ROI: 0.39% Traditional ROI: 6.69%
20 ALTA Lane Kokomo, IN Check it out! This well-maintained, 4 bedroom, 1 1/2 bath home offers over 2500 sq. ft. o...	4 beds \| 2 baths \| 2,520 sq.ft.	$282,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $2463 Airbnb ROI: N/A Traditional ROI: 7.14%
3234 MORROW Drive Kokomo, IN Beautifully designed and move in ready. 5 bedrooms and 3 full baths in Western School Dis...	5 beds \| 3 baths \| 2,844 sq.ft.	$329,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 6.71% Airbnb Rental Income: $933 Traditional Rental Income: $2694 Airbnb ROI: -0.08% Traditional ROI: 6.71%
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.	$245,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 8.18% Airbnb Rental Income: $861 Traditional Rental Income: $2254 Airbnb ROI: 0.72% Traditional ROI: 8.18%
3250 Morrow Drive Kokomo, IN Located in the desirable Webster Crossing subdivision within the highly sought-after Weste...	3 beds \| 2 baths \| 1,788 sq.ft.	$259,900	Airbnb cash on cash: 0% Traditional cash on cash: 6.03% Airbnb Rental Income: $861 Traditional Rental Income: $2006 Airbnb ROI: 0% Traditional ROI: 6.03%
3224 Sand Walk Drive Kokomo, IN Beautiful 2021-built home with modern finishes and a peaceful pond view. This open-concept...	4 beds \| 3 baths \| 3,100 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $2888 Airbnb ROI: N/A Traditional ROI: 6.48%
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: 2.59% Traditional cash on cash: 10.54% Airbnb Rental Income: $861 Traditional Rental Income: $1412 Airbnb ROI: 2.59% Traditional ROI: 10.54%
725 Twyckingham Lane Kokomo, IN Don't miss this 4 Bedroom/2.5 Bathroom tri-level home in Forest Park Estates! Recently ref...	4 beds \| 3 baths \| 1,950 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.26% Airbnb Rental Income: $null Traditional Rental Income: $2585 Airbnb ROI: N/A Traditional ROI: 10.26%

Real Estate investment in Kokomo, IN

There are 58 properties for sale in the city of Kokomo . The median list price in Kokomo is $169,812 and the average price per square foot is $93. In June 2026, the average monthly cash on cash return in Kokomo is 7.00%. The average monthly rental income in Kokomo is $1,993.

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

There are 58 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 $1,993.

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: 0.5%

Traditional cash on cash: 7.29%

Airbnb Rental Income: $861

Traditional Rental Income: $1818

Airbnb ROI: 0.5%

Traditional ROI: 7.29%

1116 SPRING HILL Drive

Kokomo, IN

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

$334,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2759

Airbnb ROI: N/A

Traditional ROI: 6.68%

1108 E FISCHER Street

Kokomo, IN

2 beds | 1 baths | 864 sq.ft.

$142,900

Airbnb cash on cash: 1.7%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $886

Traditional Rental Income: $1205

Airbnb ROI: 1.7%

Traditional ROI: 6.48%

3809 ORLEANS Drive

Kokomo, IN

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

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2001

Airbnb ROI: N/A

Traditional ROI: 5.14%

1303 S Locke Street

Kokomo, IN

2 beds | 1 baths | 962 sq.ft.

$134,900

Airbnb cash on cash: 2.37%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $886

Traditional Rental Income: $1118

Airbnb ROI: 2.37%

Traditional ROI: 6.76%

4895 W 50 S

Kokomo, IN

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

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1789

Airbnb ROI: N/A

Traditional ROI: 5.34%

3340 S 250 E

Kokomo, IN

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

$234,900

Airbnb cash on cash: 0.12%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $861

Traditional Rental Income: $1897

Airbnb ROI: 0.12%

Traditional ROI: 6.28%

376 ARIEL Drive

Kokomo, IN

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

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2376

Airbnb ROI: N/A