6613 Raldon Rd, Anderson, IN, 46013 | 5.76% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6613 Raldon Rd, Anderson, IN, 46013 | 5.76% 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

Rental property for sale in Anderson at 6613 Raldon Rd, Anderson, IN, 46013 generates $1,440/mo in rent, after a $1,468/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 15.56% in year one, and rental yield is 5.76% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 79.28% and total cumulative return in cash sums $78,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

0.43 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 3 bedroom, 2.5 bath home with a large loft and desirable updates throughout. The inviting great room features a cozy fireplace and bamboo floors and is open to the lovely kitchen with stainless steel appliances, center island and pantry. The main level also offers a private office and a convenient utility room. Upstairs, spread out and enjoy the versatile loft space with an additional cozy fireplace. The primary suite boasts two walk-in closets and an ensuite bath with dual sinks, soaking tub, and separate shower. Each additional bedroom boasts walk in closets as well. Step outside to one of the largest lots in the neighborhood-.43 acres, fully fenced, tree-lined, and offering exceptional privacy. Enjoy the expansive deck with retractable awning, gazebo, and large storage shed. The rare 3-car garage adds even more convenience and value. Recent updates include a new roof (2020), HVAC (2022), tankless water heater and newer carpet. Ideally located near I-69, shopping, and dining, this home combines comfort, space, and convenience in one fantastic package.

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