3741 Forrest Ter, Anderson, IN, 46013 | $205/mo Cash Flow

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3741 Forrest Ter, Anderson, IN, 46013 | $205/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 3741 Forrest Ter, Anderson, IN, 46013 earns $205/mo cash flow from $865/mo rent with a $538/mo payment. Total monthly income totals $865/mo, and annual cash flow totals $2,462/yr on $36,432 capital. ROI tracks 26.67% on current figures, and rental yield reads 9.44% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 138.98% and total cumulative return in cash sums $50,632. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $865/mo property income instead of your personal income.

Single Family

Built in 1955

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Move-In Ready Charm on Anderson's South Side! This inviting home offers a functional floor plan with plenty of space to enjoy. Step inside to a spacious living room with beautiful original hardwood floors that add warmth and character. The large kitchen flows into a comfortable dining area, making it perfect for everyday living and entertaining. Featuring three generous bedrooms-each with hardwood flooring-this home blends classic charm with modern convenience. Outside, you'll appreciate the two-car detached garage and private yard space. Located on Anderson's desirable south side, this property is just minutes from shopping, dining, and everyday amenities. Truly move-in ready and waiting for its next owner!

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