226 East StLowellIN46356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Lowell at 226 East St, Lowell, IN, 46356 with 5% annual appreciation on a $219,700 basis while $1,505/mo rent supports operations. Total monthly income totals $1,505/mo and a $1,075/mo payment preserves $187/mo for cash returns. Annual cash flow comes to $2,238/yr on $72,831 deployed, and return on cash invested reaches 22.98% in year one. Equity gained on principal adds $1,418/yr, and five-year appreciation sums $60,699 alongside rental yield of 8.22%. Five-year ROI measures 119.11% and total cumulative return in cash totals $86,749.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,505/mo property income versus a $1,075/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.31 Acres lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices