Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Anderson at 3106 E 7th St, Anderson, IN, 46012 generates $1,507/mo in rent and, after a $940/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $4,250/yr on $63,656 invested. Return on cash invested sits at 26.59% in year one, and rental yield is 9.42% on a $192,023 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,052 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash sums $88,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,109 (100%) |
| Owner Occupied HU | 5,759 (63.2%) |
| Renter Occupied HU | 2,532 (27.8%) |
| Vacant Housing Units | 818 ( 9.0%) |
| Median Home Value | $171,053 |
| Average Home Value | $197,821 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Sold | $192,023 |
| 2024-10-21 | Pending sale | $189,000 |
| 2024-10-03 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $906.04 | 267.47% | $92,800 | 8.79% |
| 2023-10-24 | $246.56 | 2.00% | $85,300 | -0.23% |
| 2022-10-24 | $241.72 | 1.99% | $85,500 | 11.18% |
What's Special
Access Only
Listed by: Jennifer Shopp • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22004307
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 05:37:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
