5615 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
Rental property for sale in Lowell at 5615 Ruby Rd, Lowell, IN, 46356 generates $2,274/mo in rent and, after a $1,404/mo payment, leaves $552/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $6,625/yr on $95,086 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.51% on a $286,835 entry. Equity gained on principal adds $1,851/yr, while 5% annual appreciation builds toward $79,247 over five years. Five-year ROI reaches 140% and total cumulative return in cash sums $133,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’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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