66 Circle Dr, Chesterfield, IN, 46017 | $325/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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66 Circle Dr, Chesterfield, IN, 46017 | $325/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chesterfield at 66 Circle Dr, Chesterfield, IN, 46017 priced at $159,900 pairs $1,285/mo rent with $325/mo cash flow after a $783/mo payment. Total monthly income equals $1,285/mo, and annual cash flow comes to $3,897/yr on $53,007 invested. Return on cash invested is 27.26% in year one, and rental yield stands at 9.64% 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 142.07% and total cumulative return in cash reaches $75,306. For financing, Ziffy Mortgage’s DSCR program evaluates $1,285/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

More details about the property

Nestled at 66 Circle DR, CHESTERFIELD, IN, this single-family residence in Madison County presents an inviting home, ready for you to move in and create lasting memories. The heart of this residence is undoubtedly the kitchen, where you can envision culinary creations coming to life, with a kitchen peninsula offering both preparation space and a casual dining spot, complemented by the timeless elegance of shaker cabinets. With a living area encompassing 1437 square feet, the residence provides a comfortable layout including three bedrooms and one full bathroom, along with a convenient half bathroom, all thoughtfully situated on a single story. Occupying a generous 7425 square feet lot, the property offers ample outdoor space to enjoy, while the residence itself was built in 1953, providing a solid foundation for a lifetime of memories. This single-family residence offers a unique opportunity to embrace a tranquil lifestyle in a charming home.

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