1009 E 4th StFowlerIN47944
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fowler at 1009 E 4th St, Fowler, IN, 47944 listed at $245,000 pairs $1,564/mo rent with a $1,199/mo payment to leave $93/mo cash flow. Total monthly income runs $1,564/mo, and annual cash flow reaches $1,122/yr on $81,218 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 7.66% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 110.03% and total cumulative return in cash totals $89,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,564/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47944, Fowler, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,477
Single Family
1,467
Multi-Family
10
Businesses
155
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