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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 1209 E 13th St, Fowler, IN, 47944 generates $2,123/mo in rent and, after a $1,454/mo payment, leaves $340/mo in cash flow. Total monthly income is $2,123/mo, and annual cash flow is $4,078/yr on $98,456 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 8.58% on a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash sums $122,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,123/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.40 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christine V McCutcheon • New Beginnings Realty
Mls Name: IRMLS
Mls ID: #202533810
