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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 131 W 13th St, Anderson, IN, 46016 uses $53,040 cash to close to unlock $4,148/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,306/mo, and a $783/mo payment keeps the spread at $346/mo. Purchase price stands at $160,000, and rental yield measures 9.79% with $1,306/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 144.57% and total cumulative return in cash records $76,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
4,356 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: Alyssa Burton • Inspired Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062742
