3827 W 8th StAndersonIN46011
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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
Investment Highlights
Investment property for sale in Anderson at 3827 W 8th St, Anderson, IN, 46011 offers a 8.3% rental yield on a $629,600 purchase with $4,355/mo rent. Total monthly income registers $4,355/mo, and a $3,082/mo payment leaves $575/mo available for distribution. Annual cash flow reaches $6,902/yr on $207,138 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $4,063/yr while 5% annual appreciation supports $173,947 over five years. Portfolio math shows five-year ROI at 121.25% and total cumulative return in cash at $251,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,355/mo property income against a $3,082/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
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