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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% |
Rental property for sale in Chandler at 216 S Kentucky Ave, Chandler, IN, 47610 generates $1,789/mo in rent and, after a $978/mo payment, leaves $589/mo in cash flow. Total monthly income is $1,789/mo, and annual cash flow is $7,073/yr on $66,267 invested. Return on cash invested sits at 30.58% in year one, and rental yield is 10.74% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 159.86% and total cumulative return in cash sums $105,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,789/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.25 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bobbie Jo Hinkle • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202533282
