1109 E 6th StFowlerIN47944
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1109 E 6th St, Fowler, IN, 47944 listed at $172,500 pairs $1,365/mo rent with a $844/mo payment to leave $330/mo cash flow. Total monthly income runs $1,365/mo, and annual cash flow reaches $3,958/yr on $57,184 cash to close. Return on cash invested measures 26.83% in year one, and rental yield registers 9.5% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 139.7% and total cumulative return in cash totals $79,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,365/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Sims • Redlow Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521393
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.