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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 2372 S 300 E, Anderson, IN, 46017 listed at $299,900 pairs $2,276/mo rent with a $1,468/mo payment to leave $381/mo cash flow. Total monthly income runs $2,276/mo, and annual cash flow reaches $4,574/yr on $99,417 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.11% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 127.72% and total cumulative return in cash totals $126,976. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,276/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46017, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,637 (100%) |
| Owner Occupied HU | 1,930 (73.2%) |
| Renter Occupied HU | 529 (20.1%) |
| Vacant Housing Units | 178 ( 6.8%) |
| Median Home Value | $173,057 |
| Average Home Value | $199,692 |
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
144
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $299,900 |
| 2020-04-17 | Sold | $220,000 |
| 2020-03-06 | Pending sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $3624.04 | 4.94% | $176,600 | 9.55% |
| 2023-04-20 | $3453.34 | 7.35% | $161,200 | 4.95% |
| 2022-04-20 | $3216.78 | 117.24% | $153,600 | 8.02% |
Listed by: Curtis Cunningham • Wagner Auctioneering and Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
