3740 N State Road 13, Anderson, IN, 46011 | 4.52% Rental Yield

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3740 N State Road 13, Anderson, IN, 46011 | 4.52% Rental Yield | Ziffy

For Sale

Fix & Flip

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 3740 N State Road 13, Anderson, IN, 46011 listed at $350,000 pairs $1,319/mo rent with a $1,713/mo payment. Total monthly income runs $1,319/mo. Return on cash invested measures 11.82% in year one, and rental yield registers 4.52% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 59.26% and total cumulative return in cash totals $68,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,319/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1980

5.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Your land awaits! This is a trifecta of perfection of Land, Woods and Location. Nestled right off SR13 and SR37 on the border of Hamilton and Madison county. This 5.27 Acres of property has private well, septic already installed, electricity running to it and a creek that runs on it. The woods are filled with Black Walnut trees and plenty of space to do as you wish. Hang out by the creek while you sit by a fire and enjoy the quiet. Home on property is sold AS IS, there is also a 2/3 car attached garage being sold AS IS. Don't let this opportunity pass by, priced to sell! Room dimensions are estimated please do due diligence.

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