617 Fawn Cir, Lowell, IN, 46356 | $744/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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617 Fawn Cir, Lowell, IN, 46356 | $744/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lowell at 617 Fawn Cir, Lowell, IN, 46356 with 5% annual appreciation on a $549,900 basis while $4,044/mo rent supports operations. Total monthly income totals $4,044/mo and a $2,691/mo payment preserves $744/mo for cash returns. Annual cash flow comes to $8,922/yr on $180,917 deployed, and return on cash invested reaches 24.99% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 8.82%. Five-year ROI measures 129.83% and total cumulative return in cash totals $234,890.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,044/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2004

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Nicely situated in one of Lowell's most peaceful neighborhoods, this immaculate, executive ranch home has it ALL. Covered front porch offers a peaceful place to visit. Gracious foyer greets you with hand-scraped hardwood floors and an open concept living room with double-tray ceiling. Glass french doors lead into a formal dining room. Adjacent kitchen boasts custom cabinetry (including a cook book rack!), stainless steel appliances, granite counters, and a walk-in pantry. Breakfast area offers backyard views and access to the covered rear porch. Primary suite offers a tray ceiling, covered porch access, a walk-in closet, and large ensuite bath with whirlpool tub, step-in shower, and great natural lighting. Bedrooms 2 and 3 are situated in their own dedicated hallway (one with WIC), hall closet and a full hall bath. Large laundry/mudroom and a powder room complete the main level. Finished basement is a dream for entertaining with a full granite wet bar, refrigerator hook-up, large 3/4 bath, large family room, separate game room, a 4th bedroom/office, and three (3) large storage areas. Additional stairs from back yard are accessed via a Bilco Door. Oversized 3-car garage has plenty of room for your tools and toys. Fenced backyard features a manicured lawn and above-ground heated pool. New siding in 2015, New A/C in 2017, New Water Heater. Upgrades include 2x6 exterior walls (blown insulation), insulated interior walls, solid 6-panel oak doors, Anderson windows, 9-10 ft ceilings, pocket doors, copper plumbing lines, Covered dishwasher, & more. This one is sure to impress! Call today!

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