Anderson Buy and Hold at a Fair Price!
Here is a 2/1 bungalow located in Anderson that could make a great rental property once it is cleaned up. The house features a 2-car detached garage. Two bedrooms in the Shadeland neighborhood have sold fairly quickly...from 2-79 days over the past 12 months.
Two-bed AS IS Recent Neighborhood Sales Include:
1710 Halford - SOLD $18k AS IS (2 DOM)
1712 W 14th - SOLD $23,500 AS IS
Anderson is especially a great place for newbie investors, as the cost to enter the market is low and it is located so close to Indianapolis and the Hamilton County suburbs. Renters can afford to live close to everything without the higher property taxes and cost of living.
1704 W 15th St, Anderson, IN 46016
Rental Property Calculator
Watch this video as Brandon shows you how to analyze a rental property with the BiggerPockets Rental Property Calculator
- Determine the profitability of a potential rental property
- Estimate potential monthly and annual cash flow
- Create printable PDFs to show lenders or partners*
- Calculate return on investment over time
- Plan for unforeseen expenses
*only Pro members can generate PDF reports
*The cap rate and cash on cash return calculations found on BiggerPockets Listings are designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
Only paying BiggerPockets members can do this!
Upgrade your account to a Plus or Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!