








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 318 Lynnes Way, Lowell, IN, 46356 offers a 11.07% rental yield on a $264,900 purchase with $2,443/mo rent. Total monthly income registers $2,443/mo, and a $1,297/mo payment leaves $734/mo available for distribution. Annual cash flow reaches $8,806/yr on $87,814 to close, and return on cash invested stands at 29.94% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 156.97% and total cumulative return in cash at $137,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,443/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5,662 sqft 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 |
|---|---|---|
| 2025-07-16 | Listed for sale | $264,900 |
| 2023-12-29 | Sold | $220,000 |
| 2023-11-21 | Price change | $228,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-17 | $3620.00 | 1.69% | $206,700 | 14.20% |
| 2023-07-17 | $3560.00 | 11.25% | $181,000 | 1.69% |
| 2022-07-17 | $3200.00 | 6.03% | $178,000 | 11.25% |



Listed by: Joseph Siwinski • Lincoln-Way Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #824351
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.