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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 2328 E 7th St, Anderson, IN, 46012 listed at $165,800 pairs $1,877/mo rent with a $812/mo payment to leave $830/mo cash flow. Total monthly income runs $1,877/mo, and annual cash flow reaches $9,957/yr on $54,963 cash to close. Return on cash invested measures 38.02% in year one, and rental yield registers 13.59% at a $165,800 basis. Equity gained on principal adds $1,070/yr, and annual property appreciation at 5% supports $45,807 by year five. Five-year ROI tracks 200.18% and total cumulative return in cash totals $110,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,877/mo property income relative to a $812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,701 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 |
|---|---|---|
| 2025-03-03 | Listing removed | $125,000 |
| 2025-01-23 | Pending sale | $125,000 |
| 2025-01-18 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1993.92 | -0.46% | $97,300 | 9.33% |
| 2023-10-24 | $2003.06 | 514.06% | $89,000 | -0.45% |
| 2022-10-24 | $326.20 | 2.00% | $89,400 | 8.36% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
