807 Bittersweet Ln, Anderson, IN, 46011 | $183/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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807 Bittersweet Ln, Anderson, IN, 46011 | $183/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 807 Bittersweet Ln, Anderson, IN, 46011 listed at $117,500 pairs $888/mo rent with a $575/mo payment to leave $183/mo cash flow. Total monthly income runs $888/mo, and annual cash flow reaches $2,193/yr on $38,951 cash to close. Return on cash invested measures 25.54% in year one, and rental yield registers 9.07% at a $117,500 basis. Equity gained on principal adds $758/yr, and annual property appreciation at 5% supports $32,463 by year five. Five-year ROI tracks 132.82% and total cumulative return in cash totals $51,734. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $888/mo property income relative to a $575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1966

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 4 bedroom, 2.5 bath home with endless potential in the Western Village neighborhood. This spacious 2,016 square foot home offers a fantastic opportunity for those looking to put their personal touch on a property. With 4 generously sized bedrooms and 2.5 bathrooms, there's plenty of room for a growing family, home office setups, or guest accommodations. The home features a bi-level layout with 2 living spaces, a kitchen/dining combo ready for a full remodel to match your style. The primary bedroom includes a half bath and the additional bedrooms on the upper level have hard wood floors. Situated on a sizable lot, the property also includes a two-car garage with laundry hook-ups, a fenced backyard, and a multi-level deck perfect for outdoor entertaining. Though in need of updates and cosmetic improvements, this home is a solid investment opportunity with great bones and tons of potential. Whether you're looking to renovate and move in or flip for resale, this is a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,568 (100%)
Owner Occupied HU	5,630 (74.4%)
Renter Occupied HU	1,398 (18.5%)
Vacant Housing Units	540 ( 7.1%)
Median Home Value	$208,834
Average Home Value	$250,280