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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 21827 Austin St, Lowell, IN, 46356 generates $3,763/mo in rent and, after a $2,814/mo payment, leaves $69/mo in cash flow. Total monthly income is $3,763/mo, and annual cash flow is $827/yr on $189,142 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.85% on a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash sums $201,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,763/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
3.44 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 |
|---|---|---|
| 2025-04-12 | Listed for sale | $574,900 |
| 2025-02-07 | Sold | $485,000 |
| 2025-02-06 | Pending sale | $536,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $7685.22 | 4.22% | $663,700 | 6.67% |
| 2023-04-15 | $7373.98 | 30.39% | $622,200 | 7.96% |
| 2022-04-15 | $5655.42 | 4.65% | $576,300 | 21.68% |
Listed by: Jimmy Karalis • JK Pro Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #818972
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.
