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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 230 W Vinyard St, Anderson, IN, 46012 with 5% annual appreciation on a $177,900 basis while $1,559/mo rent supports operations. Total monthly income totals $1,559/mo and a $871/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,890/yr on $58,974 deployed, and return on cash invested reaches 29.9% in year one. Equity gained on principal adds $1,148/yr, and five-year appreciation sums $49,150 alongside rental yield of 10.52%. Five-year ROI measures 156.16% and total cumulative return in cash totals $92,093.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,559/mo property income versus a $871/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,098 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: Katie Blossom • RE/MAX Real Estate Solutions
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063330
