5234 Council Ring Blvd, Kokomo, IN 46902

An updated three-bedroom, one-bath ranch nestled in the quiet, established Indian Heights neighborhood. This move-in ready home offers just over 1,000 square feet of comfortable living space with fresh interior paint throughout, new carpet in all bedrooms, and updated vinyl plank flooring in the living room and hallway. The bathroom has been tastefully updated, and new light fixtures add a modern touch throughout the home. A newer front door and brand-new storm door create a welcoming first impression, while the brand-new garage door and opener add both style and convenience. In addition to the three bedrooms, the home features a versatile bonus room that could serve as a second living area, a fourth bedroom, or a home office—perfect for adapting to your needs. Outside, enjoy a spacious fenced backyard with mature trees, ideal for entertaining, pets, or simply relaxing in a private setting. With central air, forced-air heating, and full utility hookups, this home combines comfort and functionality. Conveniently located near shopping, schools, and major roads, this property is an excellent choice for first-time buyers, those looking to downsize, or investors seeking a solid rental opportunity. Realtor has interest. **RENTAL PROPERTY ANALYSIS-(For informational purposes only, please do your own research) Purchase Price: $133,900 Monthly Rent: $1,250 ($15,000 annually) Property Taxes: $1,977 per year Insurance: $850 per year **Summary: At $1,250/month rent, this property produces strong returns: Gross yield: 11.2% Cap rate: 7.97% Cash flow: ~$221/month (after all expenses & loan) Cash-on-cash return: 7.9%