$49,900
2211 E 9th St, Anderson, IN 46012
Current Rent **
$950
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
Low
Great 4/1.5 Brick Ranch Buy and Hold in Anderson!
This is a great 4 bedroom, 1.5 bath all brick ranch in Anderson! This would make a great buy and hold in an area of town where rents are higher. This location is convenient to everything being near Scatterfield and many businesses. The house sits on just over a quarter with a 2 car detached garage and several big ticket items have been updated!
Roof - 10 years
Furnace - 1 year
AC - 3 years
Water heater - 3 years
Quarter-mile comps include:
2332 E 10th - LEASED $950 per month (only a 3/1, 61 DOM), SOLD for $99k with 0 DOM
2023 E 8th - SOLD $73k (3/1, only 1188 sq ft, 16 DOM)
1206 Fairfax - SOLD $77k (3/1, 1343 sq ft, 16 DOM)
1903 E 10th - SOLD $95k (4/2, 1770 sq ft, 13 DOM)
Location:
2211 E 9th St, Anderson, IN 46012
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. 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.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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