717 W Oakley Ave #A-BLowellIN46356
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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
Investment Highlights
Investment property for sale in Lowell at 717 W Oakley Ave #A-B, Lowell, IN, 46356 offers a 12.07% rental yield on a $226,000 purchase with $2,274/mo rent. Total monthly income registers $2,274/mo, and a $1,106/mo payment leaves $918/mo available for distribution. Annual cash flow reaches $11,010/yr on $74,919 to close, and return on cash invested stands at 34.61% in year one. Equity gained on principal adds $1,458/yr while 5% annual appreciation supports $62,440 over five years. Portfolio math shows five-year ROI at 181.43% and total cumulative return in cash at $135,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
7,411
Multi-Family
262
Businesses
382
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Listed by: Kim Brown • Century 21 Circle
Mls Name: NIRA
Mls Provider:
Mls ID: #826160
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-18 02:42:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)