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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 1309 Wyoming Way, Anderson, IN, 46013 uses $58,013 cash to close to unlock $7,029/yr annual cash flow and $586/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $857/mo payment keeps the spread at $586/mo. Purchase price stands at $175,000, and rental yield measures 12.14% with $1,770/mo rent. Return on cash invested shows 32.02% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 168.58% and total cumulative return in cash records $97,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1999
6,534 sqft lot
$N/A/sqft
$400 quarterly 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 |
|---|---|---|
| 2025-07-11 | Sold | $175,000 |
| 2025-06-21 | Pending sale | $165,000 |
| 2025-06-20 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1067.10 | -1.21% | $108,700 | 9.36% |
| 2023-11-02 | $1080.18 | 20.65% | $99,400 | -0.20% |
| 2022-11-02 | $895.30 | -49.96% | $99,600 | 19.57% |
What's Special
Access Only
Listed by: Cameron Mason • Keller Williams Indpls Metro N
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22045783
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-02 02:58:01 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
