924 Walnut StAndersonIN46012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Anderson rentals match the income profile of 924 Walnut St, Anderson, IN, 46012. Listed at $101,000, gross rent is $1,706/mo and net cash flow is $1,060/mo, a 20.27% yield well above national averages. DSCR 3.76 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $27,904 by year five with $930/yr in annual principal reduction, projecting $106,594 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.3% | 7.8% |
| Monthly Cash Flow | $1,060 | $650 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,706 |
| Total Monthly Debt Service | $606 |
| DSCR Ratio | 2.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1904
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1904
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46012, Anderson, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,620
Single Family
8,334
Multi-Family
286
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
