1302 Park Circle Dr, Anderson, IN, 46012 | $358/mo Cash Flow

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1302 Park Circle Dr, Anderson, IN, 46012 | $358/mo Cash Flow | Ziffy

Pending

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

Investment property for sale in Anderson at 1302 Park Circle Dr, Anderson, IN, 46012 earns $358/mo cash flow from $1,559/mo rent with a $979/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $4,300/yr on $66,300 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.35% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash sums $91,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.

Single Family

Built in 1977

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting home ready for its next chapter. Imagine evenings spent in the living room, the beamed ceiling drawing the eye upwards as the fireplace casts a warm glow throughout the space. The kitchen is enhanced by a kitchen bar and kitchen peninsula, crowned by a tray ceiling, creating a distinctive area for culinary exploration and casual dining. Envision relaxing in the sunroom, bathed in natural light, or enjoying the outdoors on the patio. The property features three bedrooms and two full bathrooms across three stories, providing ample space. A fenced backyard offers privacy and security, complemented by a shed for additional storage. Gather around the fire pit on cool nights, creating lasting memories under the stars. With 2004 square feet of living area set upon a generous 10625 square foot lot, this 1977 residence offers a unique opportunity to embrace a comfortable and fulfilling lifestyle. Radon mitigation installed in 2022, new heat pump 2022, roof 2018, main water line to house replace in 2021.

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