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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% |
Investment property for sale in Lowell at 241R Washington St, Lowell, IN, 46356 uses $174,337 cash to close to unlock $13,904/yr annual cash flow and $1,159/mo monthly cash flow. Total monthly income runs $4,340/mo, and a $2,594/mo payment keeps the spread at $1,159/mo. Purchase price stands at $529,900, and rental yield measures 9.83% with $4,340/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 146.14% and total cumulative return in cash records $254,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,340/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1954
2.33 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 |
|---|---|---|
| 2025-05-08 | Listed for sale | $529,900 |
| 2020-06-20 | Listing removed | $389,000 |
| 2020-05-14 | Price change | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $3241.34 | 10.44% | $345,900 | 8.13% |
| 2023-05-08 | $2935.02 | 24.12% | $319,900 | 8.18% |
| 2022-05-08 | $2364.66 | -1.86% | $295,700 | 23.67% |
Listed by: Victoria Langen • Langen Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #820265
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.
