$107,900

1109 Peace Pipe Drive, Kokomo, IN 46902

3 beds |
1 bath |
950 sqft

Single-Family Home
Built in 1959
6,534sqft lot
—— car garage
$114/sqft
Listed 4 months ago

Property Description

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. Owner has never lived in the home and it is being sold as-is. Realtor has Interest. **Some photos use virtual staging **RENTAL PROPERTY ANALYSIS - Provided for informational purposes only, do your own research! Purchase Price: $110,000 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: net yield: 9.28%

Listing Status:: Active
Date Added:: August 15, 2025 at 05:00AM
Listing Office:: Grand Realty Services : 317-771-8881
Listing Agent:: David Szymczak : 317-771-8881
MLS ID:: 202532398

Basement: Slab
Flooring: LaminateVinyl
A/C: Wall AC
Heating: Forced Air

General: Vinyl
Style: RanchOne Story

Roofing: Asphalt

School District: Taylor Community School Corp.

Driveway: Gravel
Zoning: INDIAN HEIGHTS S/D BLK 20 LOT 2434-10-19-254-008.000-015
Fencing: Chain LinkFullPrivacy

Water: City
Sewer: City

This listing courtesy of David Szymczak, Grand Realty Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Taylor Elementary School

5500 Wea Dr, Kokomo, IN, 46902

Grades PK-4

0.16 miles away

Taylor Middle School

3794 E 300 S, Kokomo, IN, 46902

Grades 5-8

3.18 miles away

Taylor High School

3794 E 300 S, Kokomo, IN, 46902

Grades 9-12

3.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.