509 Inderrieden RdChandlerIN47610
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 509 Inderrieden Rd, Chandler, IN, 47610 priced at $180,000 pairs $1,616/mo rent with $536/mo cash flow after a $881/mo payment. Total monthly income equals $1,616/mo, and annual cash flow comes to $6,426/yr on $59,670 invested. Return on cash invested is 30.68% in year one, and rental yield stands at 10.77% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 160.39% and total cumulative return in cash reaches $95,705. For financing, Ziffy Mortgage’s DSCR program evaluates $1,616/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
8,276 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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