1126 N Anderson St

Elwood, IN 46036
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4 bd, 1 ba | 1,980 sqft | Built in 1910

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List Price
$124,900

Initial Investment

$34,035

Purchase Price

$124,900

Down Payment

25%

Rent

$1,150

Total Return

$72,753

Annualized Return

27.0%

Cap Rate

7.0%

Gross Yield

11.0%

Cash Flow

$1,336

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,663

HOA

None

Flood Risk

Not Required

1 1/2 story home with great potential! This 4-bedroom layout features a primary bedroom on the main floor while three additional bedrooms are located upstairs-perfect for family, guests, or a home office setup. The main level also includes a spacious living room that flows into a cozy dining area, ideal for everyday living. The kitchen provides a solid foundation to update and personalize to your taste. Outside, you'll find a two-car detached garage and a yard with space to garden, relax, or play. This is a fantastic opportunity. Property is being sold as-is-bring your ideas and make it your own!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$2,733

Property Taxes

-$2,250

Loan Payments

-$6,790

Net Cash Flow

$1,336

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Jason Pearson
Agent License RB16000616
Carpenter, REALTORS®
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22032484
Last Updated: 04/18/2025 22:04
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