2325 Melody LnAndersonIN46012
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
Investment property for sale in Anderson at 2325 Melody Ln, Anderson, IN, 46012 with 5% annual appreciation on a $319,900 basis while $1,854/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 6.95%. Five-year ROI measures 98.59% and total cumulative return in cash totals $104,552. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.43 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $319,900 |
| 2025-02-18 | Sold | $174,300 |
| 2025-01-16 | Pending sale | $182,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $1724.60 | 0.87% | $189,000 | 20.77% |
| 2023-04-28 | $1709.72 | 8.19% | $156,500 | 0.97% |
| 2022-04-28 | $1580.30 | 20.55% | $155,000 | 8.32% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1957
- Architectural Style: Ranch
- Building Area: 2,427
- Living Area: 2,427 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: N/A
- Flooring: N/A
- Interior Features: Attic Access, Entrance Foyer
- Exterior Features: N/A
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Private Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: Highland Middle School
- High School: N/A
What's Special
Access Only
Listed by: Marianne Walker • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22034919
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-28 07:47:42 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)