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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 2501 W 8th St, Anderson, IN, 46011 uses $48,101 cash to close to unlock $9,506/yr annual cash flow and $792/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $710/mo payment keeps the spread at $792/mo. Purchase price stands at $145,100, and rental yield measures 13.75% with $1,663/mo rent. Return on cash invested shows 39.67% in year one, and 5% annual appreciation builds toward $40,088 over five years. Five-year ROI reaches 208.64% and total cumulative return in cash records $100,360. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.
| 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 |
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listing removed | $199,900 |
| 2024-08-10 | Pending sale | $199,900 |
| 2024-06-19 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | N/A | N/A | $116,400 | 3.74% |
| 2023-10-24 | $65.68 | N/A | $112,200 | 0.45% |
| 2022-10-24 | N/A | N/A | $111,700 | 7.51% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
