2100 Kitchen DrAndersonIN46017
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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 2100 Kitchen Dr, Anderson, IN, 46017 uses $62,488 cash to close to unlock $6,865/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $923/mo payment keeps the spread at $572/mo. Purchase price stands at $188,500, and rental yield measures 10.85% with $1,704/mo rent. Return on cash invested shows 30.9% in year one, and 5% annual appreciation builds toward $52,079 over five years. Five-year ROI reaches 161.58% and total cumulative return in cash records $100,965. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $923/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46017, Anderson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,637 (100%) |
| Owner Occupied HU | 1,930 (73.2%) |
| Renter Occupied HU | 529 (20.1%) |
| Vacant Housing Units | 178 ( 6.8%) |
| Median Home Value | $173,057 |
| Average Home Value | $199,692 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
144
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