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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Anderson at 411 W 8th St, Anderson, IN, 46016 uses $66,996 cash to close to unlock $7,260/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $1,818/mo, and a $989/mo payment keeps the spread at $605/mo. Purchase price stands at $202,100, and rental yield measures 10.79% with $1,818/mo rent. Return on cash invested shows 30.75% in year one, and 5% annual appreciation builds toward $55,837 over five years. Five-year ROI reaches 160.69% and total cumulative return in cash records $107,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,818/mo property income covering a $989/mo payment rather than investor’s personal income.
Single Family
Built in 1894
7,236 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,325 (100%) |
| Owner Occupied HU | 3,134 (33.6%) |
| Renter Occupied HU | 4,232 (45.4%) |
| Vacant Housing Units | 1,959 (21.0%) |
| Median Home Value | $69,970 |
| Average Home Value | $116,674 |
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Listing removed | $249,900 |
| 2024-09-01 | Price change | $254,000 |
| 2024-08-07 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1410.90 | -1.65% | $141,800 | 9.50% |
| 2023-10-24 | $1434.52 | 8.80% | $129,500 | -0.61% |
| 2022-10-24 | $1318.48 | 4.37% | $130,300 | 8.86% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
