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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 Fowler at 303 N Polk Ave, Fowler, IN, 47944 uses $56,322 cash to close to unlock $5,804/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,504/mo, and a $832/mo payment keeps the spread at $484/mo. Purchase price stands at $169,900, and rental yield measures 10.62% with $1,504/mo rent. Return on cash invested shows 30.21% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 157.9% and total cumulative return in cash records $88,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,504/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,049 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $169,900 |
| 2025-04-08 | Listing removed | $178,000 |
| 2025-02-19 | Price change | $178,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $842.88 | 71.05% | $136,100 | 13.99% |
| 2023-04-18 | $492.76 | 259.78% | $119,400 | 25.03% |
| 2022-04-18 | $136.96 | 144.14% | $95,500 | 23.87% |
Listed by: James A Cackley • Cackley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513350
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.
