116 Crestview Ct, Chesterfield, IN, 46017 | $256/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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116 Crestview Ct, Chesterfield, IN, 46017 | $256/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

Rental property for sale in Chesterfield at 116 Crestview Ct, Chesterfield, IN, 46017 offers $1,096/mo rent that, after a $685/mo payment, leaves $256/mo cash flow. Total monthly income is $1,096/mo, and annual cash flow is $3,071/yr on $46,377 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 9.4% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 138.1% and total cumulative return in cash reaches $64,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,096/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

This is a beautifully remodeled 2 bedroom, 1 bath home. The home features large rooms, and many updates throughout! New walls and insulation, new floors, a newer roof, a new bathroom, new kitchen counter tops, new wiring and electrical, new plumbing, and newer HVAC units. The back yard is fully enclosed with a privacy fence. IMMACULATE!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46017, Anderson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,637 (100%)
Owner Occupied HU	1,930 (73.2%)
Renter Occupied HU	529 (20.1%)
Vacant Housing Units	178 ( 6.8%)
Median Home Value	$173,057
Average Home Value	$199,692