1109 Peace Pipe Drive, Kokomo, IN 46902

Local realty services provided by:ERA First Advantage Realty, Inc.
1109 Peace Pipe Drive,Kokomo, IN 46902
$115,900
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 950 sq. ft.
  • Single family
  • Active
Listed by:david szymczakdave@grandrealtyllc.com
Office:grand realty services
MLS#:202532398
Source:Indiana Regional MLS

Price summary

  • Price:$115,900
  • Price per sq. ft.:$122

About this home

This move-in ready property would make a great rental or starter home. This property features durable vinyl plank flooring throughout, roof replaced in 2011, vinyl windows throughout, furnace replaced in 2016. fresh paint, and new blinds. The kitchen has a brand-new stove and refrigerator, complemented by new faucets in the kitchen and bathroom and brand new shower valves in the tub. There is a separate laundry room. Fenced in back yard with 10x10 shed. This home offers low-maintenance living and strong rental potential. Purchase today and start generating income tomorrow! Preliminary title work completed at Meridian Title. Realtor has Interest. **RENTAL PROPERTY ANALYSIS - Provided for informational purposes only, do your own research! Purchase Price: $115,000 Monthly Rent: $1,050 ($12,600 annually) Property Taxes: $1,600 per year Insurance: $782 per year SUMMARY: At $1,050/month rent, this rental produces solid returns: Gross yield: 10.96% Cap rate: 7.8% Cash flow:

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Home facts

  • Year built:1959
  • Listing ID #:202532398
  • Added:50 day(s) ago
  • Updated:October 04, 2025 at 05:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:950 sq. ft.

Heating and cooling

  • Cooling:Wall AC
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1959
  • Building area:950 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:Taylor
  • Middle school:Taylor
  • Elementary school:Taylor

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$115,900
  • Price per sq. ft.:$122
  • Tax amount:$1,374
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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