1006 Evergreen Ct, Anderson, IN, 46012 | $487/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1006 Evergreen Ct, Anderson, IN, 46012 | $487/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Anderson at 1006 Evergreen Ct, Anderson, IN, 46012 generates $1,837/mo in rent and, after a $1,101/mo payment, leaves $487/mo in cash flow. Total monthly income is $1,837/mo, and annual cash flow is $5,839/yr on $74,588 invested. Return on cash invested sits at 27.74% in year one, and rental yield is 9.8% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash sums $107,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,837/mo property income rather than buyer’s personal income.

Single Family

Built in 2001

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful Mustin-Built Custom Home in Anderson offering quality craftsmanship and thoughtful design. This 3-bedroom, 2-bath home features an open-concept great room with a cozy fireplace, while elegant tray ceilings in the great room, dining room, and master bedroom add a touch of sophistication throughout. The kitchen seamlessly flows into the living and dining areas, perfect for entertaining or everyday family life. The master suite provides a spacious bathroom, while the additional bedrooms are ideal for family, guests, or a home office. Recent improvements include a professionally installed new roof that enhances both the look and longevity of this home, and all appliances are included. Located on a corner lot near Anderson shopping, dining, and conveniences, this home combines modern comfort with classic Mustin quality. Don't miss this opportunity to own a custom home built to last with attention to every detail.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.

Housing Distribution

Housing Statistics

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