22767 Chestnut LnGoshenIN46528
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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 Goshen at 22767 Chestnut Ln, Goshen, IN, 46528 uses $89,472 cash to close to unlock $1,750/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,766/mo, and a $1,321/mo payment keeps the spread at $146/mo. Purchase price stands at $269,900, and rental yield measures 7.85% with $1,766/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 113.1% and total cumulative return in cash records $101,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,766/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46528, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 6,873 (70.2%) |
| Renter Occupied HU | 2,374 (24.2%) |
| Vacant Housing Units | 543 ( 5.5%) |
| Median Home Value | $260,185 |
| Average Home Value | $319,983 |
Housing Distribution
Address Breakdown
Residential
9,047
Single Family
9,013
Multi-Family
34
Businesses
419
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Listed by: Susan Burns • Berkshire Hathaway HomeServices Elkhart
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509685
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.