4 Orchard Road, Loogootee, IN, 47553 | 5.23% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4 Orchard Road, Loogootee, IN, 47553 | 5.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1751 sft

1264 W Greenbriar Drive, Washington, IN, 47501

3 Bed
2 Bath
1722 sft

1004 SW 3rd St, Washington, IN, 47501

3 Bed
2 Bath
1450 sft

377 N 3rd St, Montgomery, IN, 47558

3 Bed
2 Bath
1869 sft

916 Maxwell Ave, Washington, IN, 47501

Nearby investment properties with comparable prices

4 Bed
3 Bath
3646 sft

1578 E 100 N, Washington, IN, 47501

5 Bed
3 Bath
3456 sft

10431 E Us Highway 50, Cannelburg, IN, 47519

1 Bed
1 Bath
640 sft

County Road 100 North Rd, Montgomery, IN, 47558

3 Bed
3 Bath
1792 sft

4699 N 800 W, Jasper, IN, 47546

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Loogootee at 4 Orchard Road, Loogootee, IN, 47553 with 5% annual appreciation on a $485,000 basis while $2,113/mo rent supports operations. 95% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 5.23%. Five-year ROI measures 70.65% and total cumulative return in cash totals $113,582. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,113/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2000

0.68 Acres lot

$N/A/sqft

No HOA

More details about the property

**Seller is offering $10,000 in closing cost or interest rate buydown** LAKE-FRONT-HOME Immaculate well maintained home in the exclusive neighborhood of West Boggs Shores w/DIRECT ACCESS to your own private dock & boat slip. Simply walk out your back door, launch your boat, & be fishing within minutes/just fish from your dock. This home is the perfect blend of space, comfort, entertaining, & outdoor living. A true home away from home while living the vacation lake home lifestyle/lake living year round. Open concept 3 bedrm 2 bath has a large kitchen w/bar area, dining & living rm overlooking the beautiful back yard & West Boggs Lake. The large primary bedrm also has a large en suite bath w/large closet space w/2nd & 3rd bedrms a nice sized. The living rm has double doors that lead out to a patio that looks out to the rear yard w/mature trees. Your own private shaded picnic area near the boat dock which has lighting & electric service to enable a charging station. The boat dock has separate electric service to allow service to be turned off independently from the home. Storage shed near the boat dock is conveniently located for storage of your kayak & other boat supplies. Updates in the recent months-paved driveway, covered rear deck behind the dedicated boat garage, & additional land added to make the parcel larger. Don't miss this fabulous opportunity to live the Lake Life you have always dreamed of!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,625 (100%)
Owner Occupied HU	2,637 (72.7%)
Renter Occupied HU	680 (18.8%)
Vacant Housing Units	308 ( 8.5%)
Median Home Value	$232,260
Average Home Value	$253,015