6261 N Thistle Downs LnOrlandIN46776
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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 Orland at 6261 N Thistle Downs Ln, Orland, IN, 46776 generates $1,903/mo in rent and, after a $1,175/mo payment, leaves $462/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $5,544/yr on $79,560 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.52% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 139.97% and total cumulative return in cash sums $111,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46776, Orland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 553 (64.5%) |
| Renter Occupied HU | 106 (12.4%) |
| Vacant Housing Units | 198 (23.1%) |
| Median Home Value | $231,875 |
| Average Home Value | $242,052 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
46
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Listed by: Lydia Wolheter • Century 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525569
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.