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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 115 W Whitehall Way, Anderson, IN, 46013 offers $1,606/mo rent that, after a $669/mo payment, leaves $785/mo cash flow. Total monthly income is $1,606/mo, and annual cash flow is $9,425/yr on $45,334 cash. Return on cash invested measures 40.7% in year one, and rental yield stands at 14.09% at a $136,755 entry. Equity gained on principal adds $882/yr while 5% annual appreciation compounds into $37,783 by year five. Five-year ROI records 214.14% and total cumulative return in cash reaches $97,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,606/mo property income versus a $669/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,221 (100%) |
| Owner Occupied HU | 5,628 (61.0%) |
| Renter Occupied HU | 2,886 (31.3%) |
| Vacant Housing Units | 707 ( 7.7%) |
| Median Home Value | $161,147 |
| Average Home Value | $202,548 |
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Date | Event | Price |
|---|---|---|
| 2023-04-26 | Sold | $136,755 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $806.04 | 1.44% | $122,400 | 13.65% |
| 2023-10-24 | $794.56 | 7.88% | $107,700 | 0.65% |
| 2022-10-24 | $736.52 | -0.13% | $107,000 | 4.80% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
