225 College DrAndersonIN46012
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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
Rental property for sale in Anderson at 225 College Dr, Anderson, IN, 46012 priced at $200,000 pairs $1,050/mo rent with after a $979/mo payment. Total monthly income equals $1,050/mo. Return on cash invested is 17.18% in year one, and rental yield stands at 6.3% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 88.03% and total cumulative return in cash reaches $58,364. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
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