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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 1620 Winding Way, Anderson, IN, 46011 generates $1,319/mo in rent, after a $1,297/mo payment. Total monthly income is $1,319/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 5.98% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 82.72% and total cumulative return in cash sums $72,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,568 (100%) |
| Owner Occupied HU | 5,630 (74.4%) |
| Renter Occupied HU | 1,398 (18.5%) |
| Vacant Housing Units | 540 ( 7.1%) |
| Median Home Value | $208,834 |
| Average Home Value | $250,280 |
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
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: Greg Cole • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073550
