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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% |
Rental property for sale in Anderson at 4221 Merlins Way, Anderson, IN, 46011 priced at $176,000 pairs $1,692/mo rent with $636/mo cash flow after a $861/mo payment. Total monthly income equals $1,692/mo, and annual cash flow comes to $7,631/yr on $58,344 invested. Return on cash invested is 32.99% in year one, and rental yield stands at 11.54% on a $176,000 basis. Equity gained on principal adds $1,136/yr, and 5% annual appreciation accumulates to $48,626 by year five. Five-year ROI measures 172.74% and total cumulative return in cash reaches $100,785. For financing, Ziffy Mortgage’s DSCR program evaluates $1,692/mo property income against a $861/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.
| 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 |
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listing removed | $179,900 |
| 2025-05-06 | Listed for sale | $179,900 |
| 2023-09-27 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A
