1921 W 9th StAndersonIN46016
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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 1921 W 9th St, Anderson, IN, 46016 offers a 11.72% rental yield on a $110,000 purchase with $1,074/mo rent. Total monthly income registers $1,074/mo, and a $538/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,969/yr on $36,465 to close, and return on cash invested stands at 33.54% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 175.79% and total cumulative return in cash at $64,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.32 Acres 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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