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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 340 W 11th St, Anderson, IN, 46016 uses $39,747 cash to close to unlock $5,207/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $1,252/mo, and a $587/mo payment keeps the spread at $434/mo. Purchase price stands at $119,900, and rental yield measures 12.53% with $1,252/mo rent. Return on cash invested shows 33.01% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 173.93% and total cumulative return in cash records $69,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,252/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,325 (100%) |
| Owner Occupied HU | 3,134 (33.6%) |
| Renter Occupied HU | 4,232 (45.4%) |
| Vacant Housing Units | 1,959 (21.0%) |
| Median Home Value | $69,970 |
| Average Home Value | $116,674 |
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Listing removed | $119,000 |
| 2025-07-11 | Listed for sale | $119,000 |
| 2025-06-10 | Pending sale | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-18 | $2173.60 | -0.19% | $102,400 | 9.52% |
| 2023-08-18 | $2177.72 | -29.24% | $93,500 | -0.43% |
| 2022-08-18 | $3077.76 | -0.39% | $93,900 | -29.82% |
Listed by: Bryce Conyers • Starr Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
