2500 Pradera TrlChestertonIN46304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Chesterton at 2500 Pradera Trl, Chesterton, IN, 46304 generates $3,436/mo in rent, after a $2,985/mo payment. Total monthly income is $3,436/mo. Return on cash invested sits at 18.71% in year one, and rental yield is 6.76% on a $609,900 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 96.18% and total cumulative return in cash sums $192,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,436/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,923 (100%) |
| Owner Occupied HU | 8,700 (73.0%) |
| Renter Occupied HU | 2,581 (21.6%) |
| Vacant Housing Units | 642 ( 5.4%) |
| Median Home Value | $313,394 |
| Average Home Value | $348,036 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
11,019
Multi-Family
571
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Madison Young • Brokerworks Group
Mls Name: NIRA
Mls ID: #831335