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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% |
Rental property for sale in Fowler at 401 N Jefferson Ave, Fowler, IN, 47944 priced at $160,000 pairs $1,266/mo rent with $306/mo cash flow after a $783/mo payment. Total monthly income equals $1,266/mo, and annual cash flow comes to $3,668/yr on $53,040 invested. Return on cash invested is 26.82% in year one, and rental yield stands at 9.5% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 139.71% and total cumulative return in cash reaches $74,102. For financing, Ziffy Mortgage’s DSCR program evaluates $1,266/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,920 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 |
|---|---|---|
| 2025-06-27 | Sold | $160,000 |
| 2025-05-29 | Pending sale | $154,900 |
| 2025-05-17 | Listed for sale | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $592.64 | 35.83% | $92,700 | 12.91% |
| 2023-10-31 | $436.32 | 12.41% | $82,100 | 24.21% |
| 2022-10-31 | $388.16 | 30.68% | $66,100 | 18.04% |
Listed by: James A Cackley • Cackley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518237
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.
