311 Laurel DrChesterfieldIN46017
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
Investment property for sale in Chesterfield at 311 Laurel Dr, Chesterfield, IN, 46017 earns $929/mo cash flow from $1,573/mo rent with a $525/mo payment. Total monthly income totals $1,573/mo, and annual cash flow totals $11,149/yr on $35,570 capital. ROI tracks 51.25% on current figures, and rental yield reads 17.59% at a $107,300 purchase. Equity gained on principal adds $692/yr, and 5% annual appreciation supports $29,645 over five years. Five-year ROI reaches 270.81% and total cumulative return in cash sums $96,328. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,573/mo property income instead of your personal income.
Manufactured
Built in 1994
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46017, Anderson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,637 (100%) |
| Owner Occupied HU | 1,930 (73.2%) |
| Renter Occupied HU | 529 (20.1%) |
| Vacant Housing Units | 178 ( 6.8%) |
| Median Home Value | $173,057 |
| Average Home Value | $199,692 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A