5609 Ruby RdLowellIN46356
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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
Investment property for sale in Lowell at 5609 Ruby Rd, Lowell, IN, 46356 uses $101,470 cash to close to unlock $5,241/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,498/mo payment keeps the spread at $437/mo. Purchase price stands at $306,095, and rental yield measures 8.91% with $2,274/mo rent. Return on cash invested shows 25.07% in year one, and 5% annual appreciation builds toward $84,568 over five years. Five-year ROI reaches 130.29% and total cumulative return in cash records $132,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
0.70 Acres 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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