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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% |
Investment property for sale in Fowler at 603 E 1st St, Fowler, IN, 47944 earns $547/mo cash flow from $1,561/mo rent with a $827/mo payment. Total monthly income totals $1,561/mo, and annual cash flow totals $6,562/yr on $55,990 capital. ROI tracks 31.63% on current figures, and rental yield reads 11.09% at a $168,900 purchase. Equity gained on principal adds $1,090/yr, and 5% annual appreciation supports $46,664 over five years. Five-year ROI reaches 165.46% and total cumulative return in cash sums $92,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,561/mo property income instead of your personal income.
Single Family
Built in 1956
6,969 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 |
|---|---|---|
| 2025-07-14 | Listing removed | $173,500 |
| 2025-07-06 | Price change | $173,500 |
| 2025-06-14 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $1208.80 | 86.53% | $134,200 | 14.02% |
| 2023-10-26 | $648.06 | -57.68% | $117,700 | 43.19% |
| 2022-10-26 | $1531.46 | 14.72% | $82,200 | 23.24% |
Listed by: James A Cackley • Cackley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202228888
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.
