3628 Woodglen Way, Anderson, IN, 46011 | 6.75% Rental Yield

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3628 Woodglen Way, Anderson, IN, 46011 | 6.75% Rental Yield | 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 3628 Woodglen Way, Anderson, IN, 46011 earns from $1,344/mo rent with a $1,170/mo payment. Total monthly income totals $1,344/mo. ROI tracks 18.53% on current figures, and rental yield reads 6.75% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 95.27% and total cumulative return in cash sums $75,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,344/mo property income instead of your personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Located at 3628 Woodglen WAY, ANDERSON, IN, this condominium presents a unique opportunity to embrace comfortable living within a single-story layout. Built in 1981, this property offers a solid foundation for creating a personalized haven. The expansive living area, encompassing 2026 square feet, provides abundant space for relaxation and entertainment. Imagine creating distinct zones within this generous footprint, designing areas for quiet reflection, lively gatherings, and everything in between. This condominium features two full bathrooms, providing comfort and convenience for residents and guests alike. Picture starting your day in a private and well-appointed space, designed for both functionality and relaxation. Two bedrooms offer personal retreats within this inviting property. Consider the possibilities for customization, whether creating serene sleeping quarters, a productive home office, or a creative studio space. This ANDERSON condominium is ready to welcome its new owner with open arms and many possibilities.

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