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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 18318 Alexander Ave, Lowell, IN, 46356 generates $3,410/mo in rent and, after a $2,222/mo payment, leaves $685/mo in cash flow. Total monthly income is $3,410/mo, and annual cash flow is $8,219/yr on $150,468 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.02% on a $453,900 entry. Equity gained on principal adds $2,929/yr, while 5% annual appreciation builds toward $125,404 over five years. Five-year ROI reaches 131.88% and total cumulative return in cash sums $198,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.25 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lynn Palmer • McColly Real Estate
Mls Name: NIRA
Mls ID: #828271
