








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,030/mo, and a $954/mo payment. Purchase price stands at $194,900, and rental yield measures 6.34% with $1,030/mo rent. Return on cash invested shows 17.17% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 87.99% and total cumulative return in cash records $56,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,030/mo property income covering a $954/mo payment rather than investor’s personal income.
Apartment
Built in 1884
10,368 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 |
|---|---|---|
| 2025-04-20 | Listing removed | $219,900 |
| 2024-12-27 | Listed for sale | $219,900 |
| 2024-12-10 | Pending sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1706.84 | 1.59% | $82,900 | 8.65% |
| 2023-10-24 | $1680.14 | 1.59% | $76,300 | 1.60% |
| 2022-10-24 | $1653.90 | 4.58% | $75,100 | 2.18% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A