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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 1803 E 10th St, Anderson, IN, 46012 offers a 6.64% rental yield on a $189,900 purchase with $1,050/mo rent. 2% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 93.49% and total cumulative return in cash at $58,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,050/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.88 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bryce Conyers • Starr Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054569
