1718 Cincinnati AveAndersonIN46016
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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
Investment Highlights
Investment property for sale in Anderson at 1718 Cincinnati Ave, Anderson, IN, 46016 offers a 11.21% rental yield on a $115,000 purchase with $1,074/mo rent. Total monthly income registers $1,074/mo, and a $563/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,602/yr on $38,123 to close, and return on cash invested stands at 31.98% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 167.39% and total cumulative return in cash at $63,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
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