6430 Schell Ln, Anderson, IN, 46013 | $292/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6430 Schell Ln, Anderson, IN, 46013 | $292/mo Cash Flow | 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

Investment property for sale in Anderson at 6430 Schell Ln, Anderson, IN, 46013 uses $69,615 cash to close to unlock $3,507/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $1,028/mo payment keeps the spread at $292/mo. Purchase price stands at $210,000, and rental yield measures 8.87% with $1,553/mo rent. Return on cash invested shows 24.95% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 129.67% and total cumulative return in cash records $90,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $1,028/mo payment rather than investor’s personal income.

Single Family

Built in 2010

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in a residential area of south Anderson, near interstate 69, this inviting single-family residence at 6430 Schell LN presents itself as a delightful opportunity, ready to welcome you home. Imagine starting your day in the kitchen, complete with shaker cabinets that offer a blend of classic style and functionality, creating a space where culinary creativity can truly flourish. The design ensures that everything you need is easily accessible, transforming meal preparation into a streamlined and enjoyable experience. The primary bedroom offers a private retreat with the added benefit of an ensuite bathroom, offering a personal space to unwind. Furthermore, the primary bathroom boasts a double vanity, providing ample space and convenience for your morning and evening routines. Two other bedrooms share a full bath with tub and shower combo. The split floorplan allows for a little privacy for your family members. The 2 car insulated garage allows for parking out of the weather and easy access for unloading groceries. The back yard has a 14 x 8 concrete patio for grilling and firepit activities. The covered front porch is set for morning coffee or evening quiet time. With a generous 7200 square feet lot area, this property presents an exceptional opportunity to embrace the lifestyle you have always dreamed of.

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