3411 Columbus Ave, Anderson, IN, 46013 | $240/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3411 Columbus Ave, Anderson, IN, 46013 | $240/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Anderson at 3411 Columbus Ave, Anderson, IN, 46013 offers a 9.01% rental yield on a $159,900 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $783/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,877/yr on $53,007 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 131.7% and total cumulative return in cash at $69,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1937

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Move-In Ready Home! Welcome home to this adorable, beautifully maintained property brimming with character and warmth. From the moment you step inside, you'll be greeted by sun-filled rooms, cozy nooks, and unique details that make this home truly one of a kind. The inviting living area features timeless charm, highlighted by a cozy fireplace-perfect for relaxing evenings or intimate gatherings. A bright, cheery kitchen offers plenty of counter space and quaint touches that bring out the home's personality. Each bedroom is thoughtfully designed, offering comfort and privacy, while the updated bathroom blends modern convenience with classic style. This move-in ready home also features a brand-new HVAC system and water heater, ensuring year-round comfort and energy efficiency. Whether you're a first-time buyer or looking to downsize, this gem offers low-maintenance living with all the charm of a storybook cottage. Don't miss your chance to own this cozy, unique home-schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,221 (100%)
Owner Occupied HU	5,628 (61.0%)
Renter Occupied HU	2,886 (31.3%)
Vacant Housing Units	707 ( 7.7%)
Median Home Value	$161,147
Average Home Value	$202,548