436 N 500 W, Anderson, IN, 46011 | 6.74% Rental Yield

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 436 N 500 W, Anderson, IN, 46011 listed at $342,000 pairs $1,921/mo rent with a $1,674/mo payment. Total monthly income runs $1,921/mo. Return on cash invested measures 18.51% in year one, and rental yield registers 6.74% at a $342,000 basis. Equity gained on principal adds $2,207/yr, and annual property appreciation at 5% supports $94,488 by year five. Five-year ROI tracks 95.09% and total cumulative return in cash totals $107,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,921/mo property income relative to a $1,674/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1967

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Step inside this stunning 3-bedroom, 2-bath all-brick ranch offering nearly 1,900 sq ft of modern living space. Every detail has been thoughtfully renovated to include NEW roof, electrical panel, HVAC and duct work, water softener, lighting, fixtures, flooring thoughout! The open-concept kitchen and dining area features sleek quartz countertops, abundant NEW shaker style cabinetry, and all kitchen appliances included-perfect for both everyday meals and entertaining. A spacious family room with a cozy wood-burning stove provides the ideal gathering spot for relaxing evenings. The private primary suite boasts a beautifully updated ensuite bathroom, while two additional bedrooms and a second full bath ensure plenty of space for family or guests. Outside, you'll enjoy the curb appeal and low maintenance of an all-brick exterior, paired with the highly sought-after Lapel School District location. This home is truly move-in ready-modern updates, timeless design, and all the space you've been looking for.

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