131 E 36th St, Anderson, IN, 46013 | $420/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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131 E 36th St, Anderson, IN, 46013 | $420/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Anderson at 131 E 36th St, Anderson, IN, 46013 generates $1,200/mo in rent and, after a $636/mo payment, leaves $420/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $5,040/yr on $43,062 invested. Return on cash invested sits at 31.61% in year one, and rental yield is 11.09% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 165.46% and total cumulative return in cash sums $71,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.

Single Family

Built in 1935

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated one-story home offers modern comfort and style throughout. The kitchen features stainless steel appliances, updated cabinets, updated flooring, and additional space for dining. The home features an updated living room with new carpet, while the bathroom has been fully updated with a full shower/bath with tiled wall, adding a touch of elegance. Both bedrooms have been improved for comfort and style. The secondary bedroom is fully updated, while the primary bedroom stands out with a private doorway leading to a newly installed back deck, ideal for enjoying your morning or winding down in the evening. Step outside to enjoy a fully fenced in back yard, providing privacy and a safe space for kids, pets, or entertaining guests. The detached garage offers ample room for vehicles and extra storage, making it both practical and versatile. This home also offers peace of mind with a new roof on both the home and garage, a new air conditioning unit, and updated electrical systems box- contributing to long-term comfort and reliability. Don't miss this move-in-ready gem that combines smart updates with everyday convenience!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.

Housing Distribution

Housing Statistics

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