2840 W 12th StAndersonIN46011
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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
Investment Highlights
Investment property for sale in Anderson at 2840 W 12th St, Anderson, IN, 46011 earns from $1,074/mo rent with a $876/mo payment. Total monthly income totals $1,074/mo. ROI tracks 19.9% on current figures, and rental yield reads 7.2% at a $178,900 purchase. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,427 over five years. Five-year ROI reaches 102.58% and total cumulative return in cash sums $60,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,074/mo property income instead of your personal income.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
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