








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 5649 Ruby Rd #356-4, Lowell, IN, 46356 offers a 9.38% rental yield on a $290,995 purchase with $2,274/mo rent. Total monthly income registers $2,274/mo, and a $1,424/mo payment leaves $527/mo available for distribution. Annual cash flow reaches $6,330/yr on $96,465 to close, and return on cash invested stands at 26.47% in year one. Equity gained on principal adds $1,878/yr while 5% annual appreciation supports $80,397 over five years. Portfolio math shows five-year ROI at 137.8% and total cumulative return in cash at $132,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
0.70 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Myra Mitchell • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #831156