366 N 2nd StOrleansIN47452
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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 366 N 2nd St, Orleans, IN, 47452 earns $81/mo cash flow from $1,342/mo rent with a $1,028/mo payment. Total monthly income totals $1,342/mo, and annual cash flow totals $975/yr on $69,615 capital. ROI tracks 21.31% on current figures, and rental yield reads 7.67% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 110.17% and total cumulative return in cash sums $76,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,342/mo property income instead of your personal income.
Single Family
Built in 1963
7,405 sqft 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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