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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 Lowell at 15612 Austin St, Lowell, IN, 46356 generates $3,432/mo in rent and, after a $2,393/mo payment, leaves $497/mo in cash flow. Total monthly income is $3,432/mo, and annual cash flow is $5,964/yr on $162,104 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 8.42% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash sums $198,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,432/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46356, Lowell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,032 (100%) |
| Owner Occupied HU | 6,541 (81.4%) |
| Renter Occupied HU | 1,041 (13.0%) |
| Vacant Housing Units | 450 ( 5.6%) |
| Median Home Value | $310,836 |
| Average Home Value | $337,461 |
Residential
7,673
Single Family
7,411
Multi-Family
262
Businesses
382
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $489,000 |
| 2018-05-09 | Sold | $329,500 |
| 2018-01-26 | Listing removed | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $3173.18 | 1.66% | $420,600 | -0.17% |
| 2023-06-30 | $3121.42 | 21.17% | $421,300 | 10.87% |
| 2022-06-30 | $2576.02 | 7.95% | $380,000 | 12.53% |
Listed by: Kathleen Boswell • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #823333
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
