Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 204 E Main St, Fowler, IN, 47944 offers a 9.04% rental yield on a $275,000 purchase with $2,072/mo rent. Total monthly income registers $2,072/mo, and a $1,346/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,644/yr on $91,163 to close, and return on cash invested stands at 21.71% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 113.69% and total cumulative return in cash at $103,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,072/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
8,712 sqft 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 |
|---|---|---|
| 2025-06-03 | Sold | $275,000 |
| 2025-05-18 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $5693.38 | 124.47% | $283,200 | 13.96% |
| 2023-11-01 | $2536.38 | 23.65% | $248,500 | 126.32% |
| 2022-11-01 | $2051.28 | 25.04% | $109,800 | 23.65% |
Listed by: Brock Garrelts • Burton Farm And Home Realty, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518326
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.
