7127 Lincoln StAndersonIN46013
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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
Investment Highlights
Investment property for sale in Anderson at 7127 Lincoln St, Anderson, IN, 46013 uses $79,560 cash to close to unlock $4,824/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,175/mo payment keeps the spread at $402/mo. Purchase price stands at $240,000, and rental yield measures 9.21% with $1,843/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 135.1% and total cumulative return in cash records $107,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.45 Acres lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $240,000 |
| 2025-05-21 | Pending sale | $240,000 |
| 2025-05-21 | Listed for sale | $240,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $925.32 | -0.70% | $152,700 | 9.23% |
| 2023-11-04 | $931.86 | 15.93% | $139,800 | 0.43% |
| 2022-11-04 | $803.80 | 1.62% | $139,200 | 8.07% |
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1967
- Architectural Style: Ranch
- Building Area: 1,538
- Living Area: 1,538 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Baseboard, Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Attic Access, Attic Pull Down Stairs, Breakfast Bar, High Speed Internet, Eat-in Kitchen, Smart Thermostat
- Exterior Features: N/A
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Sewer Connected
- Sewer: N/A
- Water Source: Well, Private
- Road Surface Type: N/A
School Information
- Elementary School: East Elementary School
- Middle School: Pendleton Heights Middle School
- High School: Pendleton Heights High School
What's Special
Access Only,Pull Down Stairs
Listed by: Cresley Walker • BluPrint Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22039995
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 22:08:05 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)