818 Vasbinder DrChesterfieldIN46017
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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
Investment Highlights
Investment property for sale in Chesterfield at 818 Vasbinder Dr, Chesterfield, IN, 46017 earns $677/mo cash flow from $1,704/mo rent with a $837/mo payment. Total monthly income totals $1,704/mo, and annual cash flow totals $8,130/yr on $56,687 capital. ROI tracks 34.25% on current figures, and rental yield reads 11.96% at a $171,000 purchase. Equity gained on principal adds $1,103/yr, and 5% annual appreciation supports $47,244 over five years. Five-year ROI reaches 179.53% and total cumulative return in cash sums $101,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,704/mo property income instead of your personal income.
Single Family
Built in 1951
0.26 Acres 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
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Listed by: Carson Cook • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22045541