867 Killaraney DrChestertonIN46304
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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
Rental property for sale in Chesterton at 867 Killaraney Dr, Chesterton, IN, 46304 priced at $319,991 pairs $3,078/mo rent with $1,137/mo cash flow after a $1,566/mo payment. Total monthly income equals $3,078/mo, and annual cash flow comes to $13,648/yr on $106,077 invested. Return on cash invested is 32.78% in year one, and rental yield stands at 11.54% on a $319,991 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,408 by year five. Five-year ROI measures 171.7% and total cumulative return in cash reaches $182,136. For financing, Ziffy Mortgage’s DSCR program evaluates $3,078/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,923 (100%) |
| Owner Occupied HU | 8,700 (73.0%) |
| Renter Occupied HU | 2,581 (21.6%) |
| Vacant Housing Units | 642 ( 5.4%) |
| Median Home Value | $313,394 |
| Average Home Value | $348,036 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
11,019
Multi-Family
571
Businesses
1,010
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Listed by: Octavia P Valencia • WJH Brokerage IN, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202442832
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.