305 E Washington StChandlerIN47610
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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 Chandler at 305 E Washington St, Chandler, IN, 47610 with 5% annual appreciation on a $145,000 basis while $810/mo rent supports operations. 39% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 6.7%. Five-year ROI measures 94.53% and total cumulative return in cash totals $45,440. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $810/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47610, Chandler, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
2,323
Multi-Family
0
Businesses
123
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