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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fowler at 1002 E 5th St, Fowler, IN, 47944 generates $2,030/mo in rent and, after a $1,183/mo payment, leaves $567/mo in cash flow. Total monthly income is $2,030/mo, and annual cash flow is $6,803/yr on $80,157 invested. Return on cash invested sits at 28.4% in year one, and rental yield is 10.07% on a $241,800 entry. Equity gained on principal adds $1,560/yr, while 5% annual appreciation builds toward $66,805 over five years. Five-year ROI reaches 148.17% and total cumulative return in cash sums $118,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
9,660 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47944, Fowler, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 1,066 (68.5%) |
| Renter Occupied HU | 359 (23.1%) |
| Vacant Housing Units | 131 ( 8.4%) |
| Median Home Value | $150,000 |
| Average Home Value | $170,561 |
Residential
1,477
Single Family
1,467
Multi-Family
10
Businesses
155
Date | Event | Price |
|---|---|---|
| 2024-11-18 | Listing removed | $166,500 |
| 2024-09-19 | Listed for sale | $166,500 |
| 2024-09-13 | Listing removed | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2151.54 | 24.40% | $214,200 | 12.56% |
| 2023-10-24 | $1729.60 | 24.58% | $190,300 | 25.61% |
| 2022-10-24 | $1388.38 | 8.59% | $151,500 | 23.07% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
