364 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 364 Wabash Cir, Chandler, IN, 47610 generates $1,947/mo in rent and, after a $1,419/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,947/mo, and annual cash flow is $2,480/yr on $96,102 invested. Return on cash invested sits at 22.49% in year one, and rental yield is 8.06% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 116.45% and total cumulative return in cash sums $111,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,947/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Weaver • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523830
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.