630 W 500 S, Anderson, IN, 46013 | 4.8% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

630 W 500 S, Anderson, IN, 46013 | 4.8% Rental Yield | Ziffy

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1504 sft

Meadow Plan, Finch Creek by Del Webb, Noblesville, IN, 46060

2 Bed
3 Bath
2213 sft

Stardom Plan, Finch Creek by Del Webb, Noblesville, IN, 46060

2 Bed
3 Bath
2026 sft

Prestige Plan, Finch Creek by Del Webb, Noblesville, IN, 46060

2 Bed
2 Bath
1502 sft

Vista Plan, Finch Creek by Del Webb, Noblesville, IN, 46060

Nearby investment properties with comparable prices

3 Bed
2 Bath
1405 sft

8949 S McGray Dr, Pendleton, IN, 46064

4 Bed
3 Bath
2298 sft

6365 W Oxford Ln, McCordsville, IN, 46055

4 Bed
3 Bath
2628 sft

1725 James Run Way, Indianapolis, IN, 46239

3 Bed
3 Bath
2574 sft

12416 Teacup Way, Indianapolis, IN, 46235

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Anderson at 630 W 500 S, Anderson, IN, 46013 earns from $1,200/mo rent with a $1,468/mo payment. Total monthly income totals $1,200/mo. ROI tracks 12.66% on current figures, and rental yield reads 4.8% at a $299,999 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 63.75% and total cumulative return in cash sums $63,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.

Single Family

Built in 1918

4.42 Acres lot

$N/A/sqft

No HOA

More details about the property

COUNTRY LIVING in Pendleton Schools! Come home to this move in ready 2 bdrm/2 bath home sitting on 4.42 acres! Large living room, Dining Rm and open concept space invite you to the comforts of home! Updated Kitchen with butcher block counters, tile backsplash, SS appliances and pantry! Mudroom offers additional storage space! Primary bdrm offers an en suite bath w/ double sinks, laundry room, full tub w/ shower and a HUGE Walk in closet (12x12). Enjoy the outdoors with plenty of room to roam and 2 barns! Horse barn is 1/2 concrete floor and 1/2 dirt w/ electric (fence enclosure is excluded from the sale). A large 32x40 newer Pole Barn is every man's dream with 12 ft sides with a 14.5 ft center, concrete floor, ethernet cable, & electric (built in 2022). Many updates throughout the home inc: newer flooring, updated bathrooms, newer vinyl windows, newer furnace (6 yrs), new screen doors, water heater less than 5 yrs old, newer sewer pump (2021), newer sump pump (2021). Don't miss this one! Property to be sold AS-IS.

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