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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 813 Stoner Dr, Anderson, IN, 46013 priced at $249,900 converts $1,440/mo rent into after a $1,223/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 19.04% in year one, and rental yield reads 6.91% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 98% and total cumulative return in cash sums $81,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.
| 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 |
Residential
8,884
Single Family
8,270
Multi-Family
614
Businesses
548
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $249,900 |
| 2024-08-12 | Sold | $239,900 |
| 2024-07-14 | Pending sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $1196.68 | 12.70% | $147,800 | 8.44% |
| 2023-05-22 | $1061.80 | 12.07% | $136,300 | 3.10% |
| 2022-05-22 | $947.48 | 13.48% | $132,200 | 7.65% |
Listed by: Michelle Sanford • Epique Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22038312
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-22 07:57:54 PDT. 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)
