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.	$209,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 6.91% Airbnb Rental Income: $896 Traditional Rental Income: $1818 Airbnb ROI: 0.58% Traditional ROI: 6.91%
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: 2.75% Traditional cash on cash: 7.04% Airbnb Rental Income: $1534 Traditional Rental Income: $2046 Airbnb ROI: 2.75% 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.	$350,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 6.35% Airbnb Rental Income: $1534 Traditional Rental Income: $2759 Airbnb ROI: 1.27% Traditional ROI: 6.35%
1027 N 1050 WEST Kokomo, IN Completely remodeled and truly move-in ready! This spacious and beautiful country home sit...	3 beds \| 2 baths \| 1,576 sq.ft.	$219,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 7.85% Airbnb Rental Income: $896 Traditional Rental Income: $2028 Airbnb ROI: 0.76% Traditional ROI: 7.85%
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: 2.73% Traditional cash on cash: 8.61% Airbnb Rental Income: $1534 Traditional Rental Income: $2504 Airbnb ROI: 2.73% Traditional ROI: 8.61%
3517 W JUDSON Road Kokomo, IN Super nice 3 bedroom home with many updates. All appliances, updated kitchen flooring, wa...	3 beds \| 1 baths \| 988 sq.ft.	$142,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 7.52% Airbnb Rental Income: $896 Traditional Rental Income: $1327 Airbnb ROI: 1.9% Traditional ROI: 7.52%
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: 1.6% Traditional cash on cash: 10.59% Airbnb Rental Income: $779 Traditional Rental Income: $1375 Airbnb ROI: 1.6% Traditional ROI: 10.59%
759 W 700 N Kokomo, IN A serene living experience awaits at 759 W 700 N where this single-story residence sits on...	3 beds \| 2 baths \| 1,620 sq.ft.	$249,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.58% Airbnb Rental Income: $896 Traditional Rental Income: $1976 Airbnb ROI: 0.57% Traditional ROI: 6.58%
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: 2.38% Traditional cash on cash: 5.34% Airbnb Rental Income: $1534 Traditional Rental Income: $1789 Airbnb ROI: 2.38% 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: 0.25% Traditional cash on cash: 6.28% Airbnb Rental Income: $896 Traditional Rental Income: $1897 Airbnb ROI: 0.25% Traditional ROI: 6.28%
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: 2.48% Traditional cash on cash: 6.91% Airbnb Rental Income: $779 Traditional Rental Income: $912 Airbnb ROI: 2.48% Traditional ROI: 6.91%
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: 0.94% Traditional cash on cash: 7.69% Airbnb Rental Income: $779 Traditional Rental Income: $1551 Airbnb ROI: 0.94% Traditional ROI: 7.69%
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: 0.24% Traditional cash on cash: 7.05% Airbnb Rental Income: $896 Traditional Rental Income: $1599 Airbnb ROI: 0.24% Traditional ROI: 7.05%
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.	$160,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 9.23% Airbnb Rental Income: $1534 Traditional Rental Income: $1667 Airbnb ROI: 5.45% Traditional ROI: 9.23%
310 Greenbriar Street Kokomo, IN Back on Market!! (previous buyers financing fell through) Don't miss out on this opportun...	3 beds \| 2 baths \| 1,440 sq.ft.	$169,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 9.07% Airbnb Rental Income: $896 Traditional Rental Income: $1837 Airbnb ROI: 1.17% Traditional ROI: 9.07%
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: -0.09% Traditional cash on cash: 5.67% Airbnb Rental Income: $896 Traditional Rental Income: $2184 Airbnb ROI: -0.09% 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: 5.55% Traditional cash on cash: 9.11% Airbnb Rental Income: $1534 Traditional Rental Income: $1583 Airbnb ROI: 5.55% Traditional ROI: 9.11%
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: 1.8% Traditional cash on cash: 9.53% Airbnb Rental Income: $896 Traditional Rental Income: $1806 Airbnb ROI: 1.8% Traditional ROI: 9.53%
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.	$124,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 7.3% Airbnb Rental Income: $896 Traditional Rental Income: $1175 Airbnb ROI: 2.17% Traditional ROI: 7.3%
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.	$275,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.98% Airbnb Rental Income: $896 Traditional Rental Income: $2022 Airbnb ROI: 0.33% Traditional ROI: 5.98%
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.	$105,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 8.88% Airbnb Rental Income: $779 Traditional Rental Income: $1157 Airbnb ROI: 2.04% Traditional ROI: 8.88%
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: 3.32% Traditional cash on cash: 11.99% Airbnb Rental Income: $896 Traditional Rental Income: $1401 Airbnb ROI: 3.32% Traditional ROI: 11.99%
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.	$245,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.51% Airbnb Rental Income: $1534 Traditional Rental Income: $2233 Airbnb ROI: 2.59% Traditional ROI: 7.51%
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: -0.6% Traditional cash on cash: 2.51% Airbnb Rental Income: $896 Traditional Rental Income: $2230 Airbnb ROI: -0.6% 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: 0.72% Traditional cash on cash: 10.59% Airbnb Rental Income: $779 Traditional Rental Income: $1739 Airbnb ROI: 0.72% Traditional ROI: 10.59%
1214 N Burke Street Kokomo, IN This inviting three-bedroom, one-bath home offers a well-designed layout with comfortable ...	3 beds \| 1 baths \| 1,100 sq.ft.	$142,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.79% Airbnb Rental Income: $896 Traditional Rental Income: $1384 Airbnb ROI: 1.72% Traditional ROI: 7.79%
735 S Market Street Kokomo, IN Charming home located on a quiet road. Three bedrooms, two baths, living room and bonus r...	3 beds \| 2 baths \| 1,087 sq.ft.	$110,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 10.85% Airbnb Rental Income: $896 Traditional Rental Income: $1552 Airbnb ROI: 1.51% Traditional ROI: 10.85%
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: 0.98% Traditional cash on cash: 5.92% Airbnb Rental Income: $1534 Traditional Rental Income: $2830 Airbnb ROI: 0.98% 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: -1.28% Traditional cash on cash: 6.08% Airbnb Rental Income: $502 Traditional Rental Income: $2817 Airbnb ROI: -1.28% Traditional ROI: 6.08%
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: 0.48% Traditional cash on cash: 5.78% Airbnb Rental Income: $896 Traditional Rental Income: $2081 Airbnb ROI: 0.48% Traditional ROI: 5.78%
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.	$374,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 5.97% Airbnb Rental Income: $896 Traditional Rental Income: $2797 Airbnb ROI: -0.4% Traditional ROI: 5.97%
5914 MONONA Drive Kokomo, IN Welcome home to this 2 story located in one of the popular southern Howard County neighbor...	5 beds \| 2 baths \| 2,360 sq.ft.	$209,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 9.42% Airbnb Rental Income: $502 Traditional Rental Income: $2387 Airbnb ROI: -1.43% Traditional ROI: 9.42%
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: 1.62% Traditional cash on cash: 7.85% Airbnb Rental Income: $896 Traditional Rental Income: $1393 Airbnb ROI: 1.62% Traditional ROI: 7.85%
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.	$284,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.96% Airbnb Rental Income: $896 Traditional Rental Income: $1993 Airbnb ROI: 0.62% Traditional ROI: 5.96%
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.	$249,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.62% Airbnb Rental Income: $896 Traditional Rental Income: $1902 Airbnb ROI: 0.92% Traditional ROI: 6.62%
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: 2.09% Traditional cash on cash: 7.97% Airbnb Rental Income: $779 Traditional Rental Income: $1010 Airbnb ROI: 2.09% Traditional ROI: 7.97%
721 S Wabash Avenue Kokomo, IN One of the largest homes 1,728sqft with one of the largest lot sizes 0.31 acres available ...	4 beds \| 2 baths \| 1,728 sq.ft.	$165,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 10.47% Airbnb Rental Income: $1534 Traditional Rental Income: $2031 Airbnb ROI: 4.49% Traditional ROI: 10.47%
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: 2.7% Traditional cash on cash: 11.97% Airbnb Rental Income: $896 Traditional Rental Income: $1507 Airbnb ROI: 2.7% Traditional ROI: 11.97%
725 Santa Fe Boulevard Kokomo, IN Welcome to WillowRidge! This low maintenance condo offers 1148 sqft of living space featur...	2 beds \| 2 baths \| 1,148 sq.ft.	$170,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 5.9% Airbnb Rental Income: $779 Traditional Rental Income: $1580 Airbnb ROI: -1.01% Traditional ROI: 5.9%
1034 E Richmond Street Kokomo, IN Welcome to 1034 E Richmond St, a stunningly transformed bungalow in the heart of Kokomo th...	2 beds \| 1 baths \| 720 sq.ft.	$110,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 9.47% Airbnb Rental Income: $779 Traditional Rental Income: $1227 Airbnb ROI: 2.26% Traditional ROI: 9.47%

Real Estate investment in Kokomo, IN

There are 48 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 $110. In April 2026, the average monthly cash on cash return in Kokomo is 8.00%. The average monthly rental income in Kokomo is $1,818.

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

There are 48 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 $1,818.

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.

$209,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $896

Traditional Rental Income: $1818

Airbnb ROI: 0.58%

Traditional ROI: 6.91%

401 ARIEL Drive

Kokomo, IN

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

$235,900

Airbnb cash on cash: 2.75%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1534

Traditional Rental Income: $2046

Airbnb ROI: 2.75%

Traditional ROI: 7.04%

1116 SPRING HILL Drive

Kokomo, IN

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

$350,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $1534

Traditional Rental Income: $2759

Airbnb ROI: 1.27%

Traditional ROI: 6.35%

1027 N 1050 WEST

Kokomo, IN

3 beds | 2 baths | 1,576 sq.ft.

$219,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $896

Traditional Rental Income: $2028

Airbnb ROI: 0.76%

Traditional ROI: 7.85%

6308 Windwood Drive

Kokomo, IN

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

$254,900

Airbnb cash on cash: 2.73%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1534

Traditional Rental Income: $2504

Airbnb ROI: 2.73%

Traditional ROI: 8.61%

3517 W JUDSON Road

Kokomo, IN

3 beds | 1 baths | 988 sq.ft.

$142,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 7.52%

Airbnb Rental Income: $896

Traditional Rental Income: $1327

Airbnb ROI: 1.9%

Traditional ROI: 7.52%

624 W FOSTER Street

Kokomo, IN

2 beds | 2 baths | 972 sq.ft.

$104,900

Airbnb cash on cash: 1.6%

Traditional cash on cash: 10.59%

Airbnb Rental Income: $779

Traditional Rental Income: $1375

Airbnb ROI: 1.6%

Traditional ROI: 10.59%

759 W 700 N

Kokomo, IN

3 beds | 2 baths | 1,620 sq.ft.

$249,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 6.58%

Airbnb Rental Income: $896

Traditional Rental Income: $1976

Airbnb ROI: 0.57%