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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 1004 Shepherd Rd, Anderson, IN, 46012 with 5% annual appreciation on a $449,000 basis while $1,559/mo rent supports operations. 75% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 4.17%. Five-year ROI measures 53.47% and total cumulative return in cash totals $79,588. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,559/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
20.60 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 |
|---|---|---|
| 2025-04-25 | Price change | $449,000 |
| 2024-08-07 | Price change | $220,000 |
| 2024-07-08 | Price change | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $1053.38 | 18.34% | $176,300 | 67.59% |
| 2023-04-28 | $890.16 | 23.60% | $105,200 | 7.13% |
| 2022-04-28 | $720.22 | 0.29% | $98,200 | 9.97% |
Listed by: Mike McKown • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514547
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.
