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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 6866 Manchester Blvd, Chandler, IN, 47610 generates $1,243/mo in rent, after a $1,076/mo payment. Total monthly income is $1,243/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 6.78% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 95.88% and total cumulative return in cash sums $69,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,243/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.32 Acres 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $219,900 |
| 2024-09-20 | Sold | $174,000 |
| 2024-08-23 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $930.70 | 6.33% | $152,100 | 2.22% |
| 2023-04-07 | $875.28 | 31.31% | $148,800 | 6.06% |
| 2022-04-07 | $666.60 | 11.40% | $140,300 | 23.94% |
Listed by: Bobbie Jo Hinkle • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511387
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.
