307 N Filmore AveFowlerIN47944
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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
Rental property for sale in Fowler at 307 N Filmore Ave, Fowler, IN, 47944 priced at $355,000 pairs $2,803/mo rent with $672/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,803/mo, and annual cash flow comes to $8,058/yr on $117,683 invested. Return on cash invested is 26.76% in year one, and rental yield stands at 9.47% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 139.34% and total cumulative return in cash reaches $163,980. For financing, Ziffy Mortgage’s DSCR program evaluates $2,803/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47944, Fowler, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,477
Single Family
1,467
Multi-Family
10
Businesses
155
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