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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 Anderson at 1000 N 500 E, Anderson, IN, 46012 listed at $355,000 pairs $2,606/mo rent with a $1,738/mo payment to leave $475/mo cash flow. Total monthly income runs $2,606/mo, and annual cash flow reaches $5,694/yr on $117,683 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 8.81% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 128.55% and total cumulative return in cash totals $151,284. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,606/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,109 (100%) |
| Owner Occupied HU | 5,759 (63.2%) |
| Renter Occupied HU | 2,532 (27.8%) |
| Vacant Housing Units | 818 ( 9.0%) |
| Median Home Value | $171,053 |
| Average Home Value | $197,821 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Sold | $355,000 |
| 2025-07-11 | Pending sale | $399,900 |
| 2025-06-17 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $2542.76 | 4.14% | $128,700 | 1.26% |
| 2023-10-30 | $2441.76 | 5.10% | $127,100 | -0.16% |
| 2022-10-30 | $2323.26 | 60.03% | $127,300 | 10.22% |
Listed by: Dianne Hovermale • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523147
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.
