66 Circle DrChesterfieldIN46017
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 Chesterfield at 66 Circle Dr, Chesterfield, IN, 46017 priced at $159,900 pairs $1,269/mo rent with $309/mo cash flow after a $783/mo payment. Total monthly income equals $1,269/mo, and annual cash flow comes to $3,705/yr on $53,007 invested. Return on cash invested is 26.9% in year one, and rental yield stands at 9.52% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 140.08% and total cumulative return in cash reaches $74,250. For financing, Ziffy Mortgage’s DSCR program evaluates $1,269/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
7,405 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: Marty Dulworth • RE/MAX Real Estate Solutions
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068690