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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 Anderson at 1520 Chesterfield Dr, Anderson, IN, 46012 uses $59,637 cash to close to unlock $5,743/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $1,559/mo, and a $881/mo payment keeps the spread at $479/mo. Purchase price stands at $179,900, and rental yield measures 10.4% with $1,559/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 154.27% and total cumulative return in cash records $92,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,109 (100%) |
| Owner Occupied HU | 5,759 (63.2%) |
| Renter Occupied HU | 2,532 (27.8%) |
| Vacant Housing Units | 818 ( 9.0%) |
| Median Home Value | $171,053 |
| Average Home Value | $197,821 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberlan Peak-Hill • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065520
