310 Pine Ridge CirLowellIN46356
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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 Lowell at 310 Pine Ridge Cir, Lowell, IN, 46356 priced at $254,900 converts $2,382/mo rent into $851/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,382/mo, and annual cash flow totals $10,218/yr on $84,499 invested. Return on cash invested prints 32% in year one, and rental yield reads 11.21% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 167.46% and total cumulative return in cash sums $141,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,382/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,189 sqft 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
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