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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 2496 E 500 S, Anderson, IN, 46017 uses $82,842 cash to close to unlock $2,448/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $1,223/mo payment keeps the spread at $204/mo. Purchase price stands at $249,900, and rental yield measures 8.18% with $1,704/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash records $98,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tim O'Connor • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075942
