8361 Kannon DrLowellIN46356
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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 8361 Kannon Dr, Lowell, IN, 46356 with 5% annual appreciation on a $286,990 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,405/mo payment preserves $360/mo for cash returns. Annual cash flow comes to $4,319/yr on $95,137 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,290 alongside rental yield of 9.51%. Five-year ROI measures 127.81% and total cumulative return in cash totals $121,591.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$191 monthly 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: Nicole Milford • Compass Indiana, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #818603
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