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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% |
Rental property for sale in Anderson at 1034 Harter Blvd, Anderson, IN, 46011 priced at $299,900 converts $1,860/mo rent into $60/mo cash flow after a $1,468/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $715/yr on $99,417 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 7.44% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 106.45% and total cumulative return in cash sums $105,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,568 (100%) |
| Owner Occupied HU | 5,630 (74.4%) |
| Renter Occupied HU | 1,398 (18.5%) |
| Vacant Housing Units | 540 ( 7.1%) |
| Median Home Value | $208,834 |
| Average Home Value | $250,280 |
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $299,900 |
| 2024-10-22 | Listing removed | $279,900 |
| 2024-10-01 | Price change | $294,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $930.58 | 1.95% | $187,700 | 351.20% |
| 2023-05-30 | $912.78 | 5.64% | $41,600 | 1.96% |
| 2022-05-30 | $864.08 | 4.79% | $40,800 | 6.25% |
Listed by: Corben Price • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520104
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.
