5683 Douglas Way, Anderson, IN, 46013 | 4.24% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5683 Douglas Way, Anderson, IN, 46013 | 4.24% Rental Yield | Ziffy

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

Total monthly income runs $1,200/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 4.24% with $1,200/mo rent. Return on cash invested shows 10.96% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 54.61% and total cumulative return in cash records $61,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 1974

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

This two-story home sits on a spacious corner lot in the Pendleton Schools district and offers a comfortable layout designed for both everyday living and entertaining. The open floor plan features a family room filled with natural light (which leads out to an amazing porch!) and an eat-in kitchen with abundant cabinet storage and updated appliances. A breakfast room just off the kitchen provides a welcoming space for meals and gatherings. A private living room opens to a large screened-in patio, creating an easy flow between indoor and outdoor spaces. With two outdoor living areas, there's room to relax, entertain, or simply take in the views from your fully fenced back yard The main level includes 2 bedrooms, including one large enough for a comfortable primary, offering convenience and flexibility. Upstairs, two additional bedrooms provide space for family or guests, and a fantastic play room!. A full basement adds extra storage as well as additional living space. Set on a well-kept corner lot with wide views, this home combines functional design with outdoor space in a location that's close to schools, dining, and everyday amenities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.

Housing Distribution

Housing Statistics

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