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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 217 Clinton St, Lowell, IN, 46356 priced at $214,900 pairs $2,050/mo rent with $635/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,050/mo, and annual cash flow comes to $7,618/yr on $71,239 invested. Return on cash invested is 30.6% in year one, and rental yield stands at 11.45% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 160.71% and total cumulative return in cash reaches $114,486. For financing, Ziffy Mortgage’s DSCR program evaluates $2,050/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1993
3,267 sqft lot
$N/A/sqft
$125 monthly 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $559.92 | 2.00% | $163,500 | 7.64% |
| 2022-03-19 | $548.94 | 2.00% | $151,900 | 28.19% |
| 2021-03-19 | $538.18 | N/A | $118,500 | 5.71% |
Listed by: Tom Boyle • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #817585
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
