216 Haverhill DrAndersonIN46013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Anderson at 216 Haverhill Dr, Anderson, IN, 46013 priced at $184,900 converts $1,440/mo rent into $330/mo cash flow after a $905/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $3,961/yr on $61,294 invested. Return on cash invested prints 26.37% in year one, and rental yield reads 9.35% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 137.33% and total cumulative return in cash sums $84,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,221 (100%) |
| Owner Occupied HU | 5,628 (61.0%) |
| Renter Occupied HU | 2,886 (31.3%) |
| Vacant Housing Units | 707 ( 7.7%) |
| Median Home Value | $161,147 |
| Average Home Value | $202,548 |
Housing Distribution
Address Breakdown
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices