18295 Platinum DrLowellIN46356
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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 Lowell at 18295 Platinum Dr, Lowell, IN, 46356 uses $88,676 cash to close to unlock $12,414/yr annual cash flow and $1,035/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,309/mo payment keeps the spread at $1,035/mo. Purchase price stands at $267,499, and rental yield measures 11.84% with $2,640/mo rent. Return on cash invested shows 33.91% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 177.68% and total cumulative return in cash records $157,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
2,735 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46356, Lowell, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
7,411
Multi-Family
262
Businesses
382
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