323 Wabash CirChandlerIN47610
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 Chandler at 323 Wabash Cir, Chandler, IN, 47610 priced at $261,000 pairs $2,515/mo rent with $935/mo cash flow after a $1,277/mo payment. Total monthly income equals $2,515/mo, and annual cash flow comes to $11,226/yr on $86,522 invested. Return on cash invested is 32.88% in year one, and rental yield stands at 11.56% on a $261,000 basis. Equity gained on principal adds $1,684/yr, and 5% annual appreciation accumulates to $72,109 by year five. Five-year ROI measures 172.25% and total cumulative return in cash reaches $149,035. For financing, Ziffy Mortgage’s DSCR program evaluates $2,515/mo property income against a $1,277/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
10,454 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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Listed by: Jamie Young • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls Provider:
Mls ID: #250077
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.