612 E Harding 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
Rental property for sale in Orleans at 612 E Harding St, Orleans, IN, 47452 priced at $169,900 converts $1,284/mo rent into $264/mo cash flow after a $832/mo obligation. Total monthly income equals $1,284/mo, and annual cash flow totals $3,164/yr on $56,322 invested. Return on cash invested prints 25.53% in year one, and rental yield reads 9.07% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 132.74% and total cumulative return in cash sums $74,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,284/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.29 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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