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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Anderson at 2213 Lafayette St, Anderson, IN, 46012 uses $46,377 cash to close to unlock $3,311/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,116/mo, and a $685/mo payment keeps the spread at $276/mo. Purchase price stands at $139,900, and rental yield measures 9.57% with $1,116/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 140.87% and total cumulative return in cash records $65,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,116/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,109 (100%) |
| Owner Occupied HU | 5,759 (63.2%) |
| Renter Occupied HU | 2,532 (27.8%) |
| Vacant Housing Units | 818 ( 9.0%) |
| Median Home Value | $171,053 |
| Average Home Value | $197,821 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Grant Gorman • Green Forest Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075972
