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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 Fowler at 205 E Maple St, Fowler, IN, 47944 priced at $269,900 converts $2,123/mo rent into $503/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,123/mo, and annual cash flow totals $6,034/yr on $89,472 invested. Return on cash invested prints 26.65% in year one, and rental yield reads 9.44% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 138.75% and total cumulative return in cash sums $124,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,123/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1967
10,018 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 |
|---|---|---|
| 2025-04-14 | Sold | $269,900 |
| 2025-04-01 | Pending sale | $269,900 |
| 2025-01-07 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2153.94 | 22.12% | $212,800 | 13.07% |
| 2023-10-24 | $1763.72 | 25.21% | $188,200 | 20.41% |
| 2022-10-24 | $1408.64 | 11.81% | $156,300 | 23.46% |
What's Special
Pull Down Stairs,Storage
Listed by: James A Cackley • Cackley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439265
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.
