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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Chandler at 393 Mallard Cir, Chandler, IN, 47610 generates $2,470/mo in rent and, after a $1,087/mo payment, leaves $1,137/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $13,643/yr on $73,593 invested. Return on cash invested sits at 38.45% in year one, and rental yield is 13.35% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 202% and total cumulative return in cash sums $148,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47610, Chandler, IN area.
| 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 |
Residential
2,323
Single Family
2,323
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-02-19 | Sold | $222,000 |
| 2025-01-27 | Pending sale | $229,400 |
| 2025-01-03 | Price change | $229,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1598.48 | 31.15% | $164,500 | -7.69% |
| 2023-10-23 | $1218.82 | 19.07% | $178,200 | 26.20% |
| 2022-10-23 | $1023.64 | 2.30% | $141,200 | 21.10% |
Listed by: Mike Enlow • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202426964
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.
