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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% |
Investment property for sale in Chalmers at 702 E Walnut St, Chalmers, IN, 47929 earns $621/mo cash flow from $2,272/mo rent with a $1,346/mo payment. Total monthly income totals $2,272/mo, and annual cash flow totals $7,455/yr on $91,163 capital. ROI tracks 28.09% on current figures, and rental yield reads 9.91% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 146.49% and total cumulative return in cash sums $133,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,272/mo property income instead of your personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47929, Chalmers, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 341 (100%) |
| Owner Occupied HU | 255 (74.8%) |
| Renter Occupied HU | 56 (16.4%) |
| Vacant Housing Units | 30 ( 8.8%) |
| Median Home Value | $196,759 |
| Average Home Value | $223,284 |
Residential
200
Single Family
200
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $275,000 |
| 2025-08-20 | Pending sale | $260,000 |
| 2025-07-22 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1304.16 | -10.06% | $187,800 | 6.77% |
| 2023-10-23 | $1450.04 | 15.49% | $175,900 | N/A |
| 2022-10-23 | $1255.60 | 36.41% | $175,900 | 12.11% |
Listed by: Garrett Criswell • Raeco Realty - Monticello
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528547
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.
