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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 606 E Main St, Fowler, IN, 47944 with 5% annual appreciation on a $168,999 basis while $1,445/mo rent supports operations. Total monthly income totals $1,445/mo and a $827/mo payment preserves $431/mo for cash returns. Annual cash flow comes to $5,168/yr on $56,023 deployed, and return on cash invested reaches 29.13% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,691 alongside rental yield of 10.26%. Five-year ROI measures 152.09% and total cumulative return in cash totals $85,207.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,445/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gretchen Budzynski • @properties
Mls Name: IRMLS
Mls ID: #202536170
