Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Anderson at 902 E 31st St, Anderson, IN, 46016 earns $406/mo cash flow from $1,306/mo rent with a $734/mo payment. Total monthly income totals $1,306/mo, and annual cash flow totals $4,869/yr on $49,725 capital. ROI tracks 29.7% on current figures, and rental yield reads 10.45% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 155.14% and total cumulative return in cash sums $77,142. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,306/mo property income instead of your personal income.
Single Family
Built in 1927
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,325 (100%) |
| Owner Occupied HU | 3,134 (33.6%) |
| Renter Occupied HU | 4,232 (45.4%) |
| Vacant Housing Units | 1,959 (21.0%) |
| Median Home Value | $69,970 |
| Average Home Value | $116,674 |
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $150,000 |
| 2005-07-06 | Sold | $24,501 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $662.16 | 1.36% | $32,100 | 8.45% |
| 2023-04-16 | $653.26 | 7.53% | $29,600 | 1.37% |
| 2022-04-16 | $607.54 | 23.92% | $29,200 | 8.15% |
Listed by: Danielle Shouse • Shouse Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22032828
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-16 07:27:51 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)
