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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Anderson at 1611 Orchard Ln, Anderson, IN, 46011 priced at $199,995 pairs $1,327/mo rent with $126/mo cash flow after a $979/mo payment. Total monthly income equals $1,327/mo, and annual cash flow comes to $1,516/yr on $66,298 invested. Return on cash invested is 22.2% in year one, and rental yield stands at 7.96% on a $199,995 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,255 by year five. Five-year ROI measures 114.91% and total cumulative return in cash reaches $76,182. For financing, Ziffy Mortgage’s DSCR program evaluates $1,327/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46011, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,568 (100%) |
| Owner Occupied HU | 5,630 (74.4%) |
| Renter Occupied HU | 1,398 (18.5%) |
| Vacant Housing Units | 540 ( 7.1%) |
| Median Home Value | $208,834 |
| Average Home Value | $250,280 |
Residential
7,157
Single Family
7,058
Multi-Family
99
Businesses
199
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $199,995 |
| 2025-03-10 | Pending sale | $199,995 |
| 2025-02-24 | Price change | $199,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $748.96 | -3.17% | $96,300 | 9.18% |
| 2023-04-04 | $773.44 | 12.77% | $88,200 | -0.79% |
| 2022-04-04 | $685.88 | 16.29% | $88,900 | 8.68% |
What's Special
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Listed by: Heather Upton • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22030701
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-04 07:42:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
