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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Anderson at 706 University Blvd, Anderson, IN, 46012 priced at $110,600 converts $979/mo rent into $277/mo cash flow after a $541/mo obligation. Total monthly income equals $979/mo, and annual cash flow totals $3,329/yr on $36,664 invested. Return on cash invested prints 28.99% in year one, and rental yield reads 10.62% against a $110,600 entry. Equity gained on principal adds $714/yr, while 5% annual appreciation compiles into $30,557 by year five. Five-year ROI reaches 151.79% and total cumulative return in cash sums $55,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $979/mo property income covering a $541/mo payment, not borrower’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,109 (100%) |
| Owner Occupied HU | 5,759 (63.2%) |
| Renter Occupied HU | 2,532 (27.8%) |
| Vacant Housing Units | 818 ( 9.0%) |
| Median Home Value | $171,053 |
| Average Home Value | $197,821 |
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Listing removed | $112,000 |
| 2025-09-23 | Listing removed | $1,000 |
| 2025-09-09 | Listed for rent | $1,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $1373.42 | 0.32% | $65,700 | 9.32% |
| 2023-10-18 | $1369.08 | 7.58% | $60,100 | 0.33% |
| 2022-10-18 | $1272.62 | 0.40% | $59,900 | 8.12% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
