24 N Park Dr, Anderson, IN, 46011 | $598/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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24 N Park Dr, Anderson, IN, 46011 | $598/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Anderson at 24 N Park Dr, Anderson, IN, 46011 uses $97,793 cash to close to unlock $7,176/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $2,369/mo, and a $1,444/mo payment keeps the spread at $598/mo. Purchase price stands at $295,000, and rental yield measures 9.64% with $2,369/mo rent. Return on cash invested shows 27.25% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 142% and total cumulative return in cash records $138,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,369/mo property income covering a $1,444/mo payment rather than investor’s personal income.

Single Family

Built in 1957

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

? For Sale By Owner $295,000 ? ?? 24 N Park Dr, Anderson, IN Welcome to this charming 3-bedroom, 1.5-bath home with 2,329 sq ft of living space, located on a small, quiet street with minimal traffic. Directly across the street, youll enjoy a beautiful park, and this neighborhood has the added benefit of being eligible for Lapel Schools! ?? Features youll love: ?? Updated kitchen ?? New floors throughout ?? Spacious oversized garage ?? Fenced-in backyard perfect for kids & pets ?? Barn for extra storage or hobbies ?? Bright and open layout ?? Family-friendly location with a park just steps away This home combines comfort, convenience, and locationperfect for families or anyone looking for a peaceful neighborhood. ?? Call or text Nick D'Onofrio at 317-418-7532 if interested in seeing this home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,568 (100%)
Owner Occupied HU	5,630 (74.4%)
Renter Occupied HU	1,398 (18.5%)
Vacant Housing Units	540 ( 7.1%)
Median Home Value	$208,834
Average Home Value	$250,280