2105 Arrow AveAndersonIN46016
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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 2105 Arrow Ave, Anderson, IN, 46016 uses $36,465 cash to close to unlock $2,605/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $877/mo, and a $538/mo payment keeps the spread at $217/mo. Purchase price stands at $110,000, and rental yield measures 9.57% with $877/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 141.01% and total cumulative return in cash records $51,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $877/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,534 sqft 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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