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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 1230 W 7th St, Anderson, IN, 46016 uses $43,062 cash to close to unlock $5,760/yr annual cash flow and $480/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $636/mo payment keeps the spread at $480/mo. Purchase price stands at $129,900, and rental yield measures 11.64% with $1,260/mo rent. Return on cash invested shows 33.29% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 174.46% and total cumulative return in cash records $75,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1922
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,325 (100%) |
| Owner Occupied HU | 3,134 (33.6%) |
| Renter Occupied HU | 4,232 (45.4%) |
| Vacant Housing Units | 1,959 (21.0%) |
| Median Home Value | $69,970 |
| Average Home Value | $116,674 |
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jalon Johnson • Prime Location Real Estate Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070153
