2104 W 16th St, Anderson, IN, 46016 | $480/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2104 W 16th St, Anderson, IN, 46016 | $480/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Anderson at 2104 W 16th St, Anderson, IN, 46016 earns $480/mo cash flow from $1,260/mo rent with a $636/mo payment. Total monthly income totals $1,260/mo, and annual cash flow totals $5,760/yr on $43,062 capital. ROI tracks 33.29% on current figures, and rental yield reads 11.64% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 174.46% and total cumulative return in cash sums $75,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,260/mo property income instead of your personal income.

Single Family

Built in 1950

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home! Move right into this beautifully renovated home offering modern comfort and style throughout! Featuring 3 spacious bedrooms and 2 fully updated bathrooms, this property sits on a rare double corner lot-giving you plenty of space and privacy. Inside, you'll find a bright and welcoming open-concept layout with LVP flooring flowing through the oversized living room and eat-in kitchen. The kitchen is complete with brand-new cabinets, countertops and appliances. Both bathrooms have been tastefully remodeled with new vanities, tubs, and tile surrounds, creating a spa-like experience. Each bedroom is carpeted for comfort and features generous closet space. Outside, enjoy peace of mind with a new roof and new cement board siding-low maintenance and built to last! Don't miss your chance to own this move-in ready home with all the upgrades already done. Schedule your showing today!

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