








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 638 Birch Ct, Lowell, IN, 46356 listed at $229,900 pairs $2,099/mo rent with a $1,125/mo payment to leave $617/mo cash flow. Total monthly income runs $2,099/mo, and annual cash flow reaches $7,401/yr on $76,212 cash to close. Return on cash invested measures 29.62% in year one, and rental yield registers 10.96% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 155.27% and total cumulative return in cash totals $118,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,099/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
3,049 sqft lot
$N/A/sqft
$100 monthly 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-12 | $1937.20 | 10.63% | $202,000 | 3.48% |
| 2023-05-12 | $1751.00 | 16.19% | $195,200 | 11.48% |
| 2022-05-12 | $1507.00 | 12.43% | $175,100 | 16.19% |



Listed by: Cheryl Kasparian • KMS Properties LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #820476
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.