2007 Park Ave, Anderson, IN, 46016 | $360/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2007 Park Ave, Anderson, IN, 46016 | $360/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1124 sft

7480 E 46th St, Indianapolis, IN, 46226

Investment Property+ 1 more

3 Bed
2 Bath
1166 sft

2310 Halford St, Anderson, IN, 46016

3 Bed
2 Bath
2207 sft

2321 W 26th St, Anderson, IN, 46016

3 Bed
1 Bath
1153 sft

2415 W 29th St, Anderson, IN, 46016

Nearby investment properties with comparable prices

3 Bed
2 Bath
1792 sft

9633 Barbwood Ln, Indianapolis, IN, 46235

4 Bed
1 Bath
1249 sft

8017 E 34th St, Indianapolis, IN, 46226

3 Bed
1 Bath
1328 sft

6161 Meadowlark Dr, Indianapolis, IN, 46226

2 Bed
1 Bath
1032 sft

4823 Atwell Dr, Indianapolis, IN, 46226

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Anderson at 2007 Park Ave, Anderson, IN, 46016 with 5% annual appreciation on a $149,900 basis while $1,260/mo rent supports operations. Total monthly income totals $1,260/mo and a $734/mo payment preserves $360/mo for cash returns. Annual cash flow comes to $4,318/yr on $49,692 deployed, and return on cash invested reaches 28.6% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 10.09%. Five-year ROI measures 149.21% and total cumulative return in cash totals $74,147.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,260/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1910

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

If you're looking for a home that you can move right into . . .then check out this 3 bedroom, 2 full bath home that's been TOTALLY REMODELED inside and out. Let's start with the INSIDE . . .all new flooring & freshly painted throughout, new furnace and AC, new water heater, all new kitchen cabinets, totally remodeled bathrooms, new plumbing and all new electrical & light fixtures. Now the OUTSIDE . . .new roof & siding and all new windows. The house also has a nice size deck for entertaining. Check it out . . it won't last long.

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