301 Primrose CirChestertonIN46304
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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 Chesterton at 301 Primrose Cir, Chesterton, IN, 46304 uses $120,998 cash to close to unlock $13,722/yr annual cash flow and $1,143/mo monthly cash flow. Total monthly income runs $3,334/mo, and a $1,786/mo payment keeps the spread at $1,143/mo. Purchase price stands at $365,000, and rental yield measures 10.96% with $3,334/mo rent. Return on cash invested shows 31.25% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 163.42% and total cumulative return in cash records $197,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,334/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1984
8,494 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
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Listed by: Heather Alexander • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #819025
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