








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 421 Clinton St, Lowell, IN, 46356 at $244,900 posts ROI 36.61% with $1,130/mo cash flow from $2,600/mo rent. Total monthly income equals $2,600/mo, and annual cash flow records $13,555/yr on $81,184 to close. Return on cash invested measures 36.61% and rental yield reads 12.74% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 192.16% and total cumulative return in cash totals $156,005.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
7,605 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 |
|---|---|---|
| 2025-06-30 | Sold | $244,900 |
| 2025-05-30 | Pending sale | $244,900 |
| 2025-05-22 | Listed for sale | $244,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1962.00 | 6.05% | $202,400 | 3.16% |
| 2023-10-25 | $1850.00 | 16.03% | $196,200 | 6.05% |
| 2022-10-25 | $1594.42 | 6.33% | $185,000 | 15.63% |



Listed by: Heather Malott • Banga Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #820638
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 04:42:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)