153 E Harding StOrleansIN47452
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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
Investment Highlights
Investment property for sale in Orleans at 153 E Harding St, Orleans, IN, 47452 offers a 9.9% rental yield on a $189,900 purchase with $1,566/mo rent. Total monthly income registers $1,566/mo, and a $929/mo payment leaves $427/mo available for distribution. Annual cash flow reaches $5,118/yr on $62,952 to close, and return on cash invested stands at 28.04% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 146.23% and total cumulative return in cash at $92,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,566/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47452, Orleans, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,132 (100%) |
| Owner Occupied HU | 1,460 (68.5%) |
| Renter Occupied HU | 520 (24.4%) |
| Vacant Housing Units | 152 ( 7.1%) |
| Median Home Value | $190,169 |
| Average Home Value | $242,151 |
Housing Distribution
Address Breakdown
Residential
2,066
Single Family
2,062
Multi-Family
4
Businesses
122
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