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Anderson, IN Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,009
Monthly Cash Flow
$135
Principal + Equity
$1,270
Annual Total Gain
$16,854
Cash on Cash
4.93%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$130
Occupancy Rate
51.79%
Monthly Revenue
$1,550
Monthly Cash Flow
$444
Principal + Equity
$1,270
Annual Total Gain
$20,559
Cash on Cash %
16.23%
Net ROI %
Market Health & Growth
Median Income
$47,221
Population
54,930
LTR Renter %
44.49%
Forecast (1 yr)
2.35%
Appreciation (1 yr)
0.32%
Appreciation (5 yr)
65.98%
Appreciation (10 yr)
176.24%
Job Growth
-1.1%
LTR Rentability
Moderate
STR Demand
49
STR Rentals
42
Top Public Schools
A-Southeastern Elementary School
BEast Elementary School
B
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Suburbs in Indiana
#23out of 116 markets
Best Suburbs for Young Professionals in Indiana
#79out of 116 markets
Suburbs with the Lowest Cost of Living in Indiana
#16out of 116 markets
C-
Public School
D
Crime And Safety
C
Housing
B-
Nightlife
C-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Anderson, IN.
As of September 2021, Anderson, IN does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that regulations can change quickly and it is important to stay informed about any updates or changes in local laws.
Investors should also be aware of potential zoning restrictions that may impact their ability to operate a short term rental in certain areas of Anderson. It is recommended to check with the local zoning department to ensure that the property is zoned for short term rentals.
Additionally, investors should be aware of any potential licensing or permitting requirements that may be necessary to operate a short term rental in Anderson. It is important to comply with all local regulations and obtain any necessary permits or licenses before renting out a property on a short term basis.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Anderson, IN before investing in a property for this purpose. Being informed and proactive in complying with local laws will help ensure a successful and profitable investment in the short term rental market in Anderson.
Market Trends Over Time
Explore 25 years of market data for Anderson, IN, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Anderson, IN.
The LTR Genie Score of Anderson, IN is 75 and STR Genie Score is 68, indicating a moderate to high overall investment potential in both long-term and short-term rental markets. The LTR Rentability is moderate, suggesting a stable demand for long-term rentals in the area. The LTR Net ROI of 51.4% is relatively high, indicating a favorable return on investment for long-term rental properties. However, the LTR Rent Growth Rate of 0.0% may suggest limited potential for rental income growth in the long term.
On the other hand, the STR Net ROI of 62.7% and STR Occupancy rate of 51.79% indicate a strong potential for short-term rental investments in Anderson, IN. The 1-Year Price Appreciation Forecast of 2.35% suggests a stable market with potential for property value growth.
Overall, Anderson, IN appears to be a promising market for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns in this market. It is important to conduct further research and due diligence to fully assess the potential risks and rewards of investing in Anderson, IN.
LTR Genie Score 93
$47,250
🛏 2 Beds🛁 1.0000 Baths🏙 1,386 sqft.🏠 SINGLE FAMILY
