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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 2216 E 6th St, Anderson, IN, 46012 listed at $145,000 pairs $1,260/mo rent with a $710/mo payment to leave $389/mo cash flow. Total monthly income runs $1,260/mo, and annual cash flow reaches $4,671/yr on $48,068 cash to close. Return on cash invested measures 29.63% in year one, and rental yield registers 10.43% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 154.8% and total cumulative return in cash totals $74,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,260/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
6,534 sqft 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: Kimberlan Peak-Hill • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068826
