18388 Alexander Ave, Lowell, IN, 46356 | $787/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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18388 Alexander Ave, Lowell, IN, 46356 | $787/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Lowell at 18388 Alexander Ave, Lowell, IN, 46356 uses $127,263 cash to close to unlock $9,438/yr annual cash flow and $787/mo monthly cash flow. Total monthly income runs $3,091/mo, and a $1,879/mo payment keeps the spread at $787/mo. Purchase price stands at $383,900, and rental yield measures 9.66% with $3,091/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $106,064 over five years. Five-year ROI reaches 142.37% and total cumulative return in cash records $181,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,091/mo property income covering a $1,879/mo payment rather than investor’s personal income.

Single Family

Built in 2026

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

NOT YET BUILT, this is our MADISON model. Features include an open concept living area, great room with cathedral ceiling, dining area with sliders to rear concrete patio allows for lots of natural lighting, kitchen with soft close, maple cabinetry with crown molding (painted cabinet options), GRANITE tops, large breakfast bar with undermount sink, and pantry. The primary bedroom has a tray ceiling, private three-quarter bath and walk-in closet. Other features include a FULL BASEMENT (stubbed for future bathroom), two additional bedrooms, finished laundry room, QUARTZ tops in all bathrooms, and one paint color included. Exterior features include a tasteful board and batten/vinyl siding, concrete patio, full LANDSCAPING package, garage opener installed, and BUILDER'S WARRANTY. Many options for customization of our 18 floor plans are possible to include structural changes such as a 3 car garage, 5' garage extension, slab, or basement options, as well as for other finishes such as for a fireplace, custom tile shower, exterior masonry, etc. Photos are of a previously built home.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 2026
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Attached, Garage Door Opener, Garage Faces Front, Concrete, Driveway

Location

City: Lowell
State: IN
Subdivision: N/A
Lot Size: 0.25 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Lynn Palmer • McColly Real Estate

Mls Name: NIRA

Mls ID: #828190

18388 Alexander Ave,Lowell,IN,46356

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Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

18388 Alexander AveLowellIN46356