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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% |
Rental property for sale in Anderson at 1524 Northcrest Dr, Anderson, IN, 46012 generates $1,902/mo in rent and, after a $1,152/mo payment, leaves $489/mo in cash flow. Total monthly income is $1,902/mo, and annual cash flow is $5,871/yr on $78,002 invested. Return on cash invested sits at 27.44% in year one, and rental yield is 9.7% on a $235,300 entry. Equity gained on principal adds $1,518/yr, while 5% annual appreciation builds toward $65,009 over five years. Five-year ROI reaches 143.02% and total cumulative return in cash sums $111,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,902/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| 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 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Listing removed | $239,000 |
| 2025-06-12 | Price change | $239,000 |
| 2021-10-04 | Pending sale | $193,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1038.92 | 0.74% | $104,600 | 8.73% |
| 2023-10-23 | $1031.32 | 9.18% | $96,200 | -0.10% |
| 2022-10-23 | $944.60 | 4.80% | $96,300 | 8.81% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
