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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 4329 Rutgers Dr #40B, Anderson, IN, 46013 offers a 9.24% rental yield on a $159,000 purchase with $1,224/mo rent. Total monthly income registers $1,224/mo, and a $778/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,237/yr on $52,709 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 135.55% and total cumulative return in cash at $71,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,224/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.
| 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 |
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Listed for sale | $159,000 |
| 2025-07-08 | Pending sale | $159,000 |
| 2025-06-23 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandon Warfield • CARPENTER REALTORS
Mls Name: THAAR
Mls Provider:
Mls ID: #106730
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-07-25 07:10:10 PDT
