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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% |
Investment property for sale in Fowler at 1305 E 4th St, Fowler, IN, 47944 listed at $230,000 pairs $1,886/mo rent with a $1,126/mo payment to leave $498/mo cash flow. Total monthly income runs $1,886/mo, and annual cash flow reaches $5,971/yr on $76,245 cash to close. Return on cash invested measures 27.74% in year one, and rental yield registers 9.84% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 144.65% and total cumulative return in cash totals $110,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,886/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.27 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 |
|---|---|---|
| 2024-11-12 | Sold | $230,000 |
| 2024-10-04 | Listed for sale | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1999.52 | 35.09% | $194,800 | 11.38% |
| 2023-10-24 | $1480.16 | 25.24% | $174,900 | 31.80% |
| 2022-10-24 | $1181.86 | 17.57% | $132,700 | 23.10% |
Listed by: Marci Burton • Burton Farm And Home Realty, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438641
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.
