311 Laurel DrChesterfieldIN46017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 311 Laurel Dr, Chesterfield, IN, 46017 in Chesterfield hard to pass up. The 17.59% gross yield on a $107,300 purchase results in $1,573/mo in rent and $929/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.26). Annual cash flow of $11,149, five-year appreciation of $29,645, and $988/yr in equity build-up combine for a projected total cumulative return of $100,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 5.0% |
| Monthly Cash Flow | $929 | $400 |
City averages based on Chesterfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,573 |
| Total Monthly Debt Service | $601 |
| DSCR Ratio | 2.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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