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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Chandler at 1188 Russell Rd, Chandler, IN, 47610 uses $87,814 cash to close to unlock $3,065/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,846/mo, and a $1,297/mo payment keeps the spread at $255/mo. Purchase price stands at $264,900, and rental yield measures 8.36% with $1,846/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash records $106,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,846/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47610, Chandler, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,777 (73.3%) |
| Renter Occupied HU | 476 (19.6%) |
| Vacant Housing Units | 172 ( 7.1%) |
| Median Home Value | $208,333 |
| Average Home Value | $299,268 |
Residential
2,323
Single Family
2,323
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $264,900 |
| 2024-04-04 | Sold | $202,000 |
| 2024-03-11 | Pending sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $1023.84 | -4.69% | $166,800 | 2.52% |
| 2023-03-26 | $1074.26 | 25.16% | $162,700 | -0.12% |
| 2022-03-26 | $858.32 | 10.02% | $162,900 | 22.02% |
Listed by: Denise Mitchell • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509568
Disclaimer: 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.
