




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 1800 W 38th St #NAN4JI, Anderson, IN, 46013 uses $64,079 cash to close to unlock $9,033/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $946/mo payment keeps the spread at $753/mo. Purchase price stands at $193,300, and rental yield measures 11.88% with $1,913/mo rent. Return on cash invested shows 34.01% in year one, and 5% annual appreciation builds toward $53,405 over five years. Five-year ROI reaches 178.19% and total cumulative return in cash records $114,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $946/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.
| 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 |
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Listing removed | $107,500 |
| 2024-06-04 | Listed for sale | $107,500 |
| 2024-04-09 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A