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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% |
Investment property for sale in Orleans at 865 S 2nd St, Orleans, IN, 47452 listed at $180,000 pairs $1,327/mo rent with a $881/mo payment to leave $235/mo cash flow. Total monthly income runs $1,327/mo, and annual cash flow reaches $2,821/yr on $59,670 cash to close. Return on cash invested measures 24.64% in year one, and rental yield registers 8.85% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 128.11% and total cumulative return in cash totals $76,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,327/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47452, Orleans, IN area.
| 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 |
Residential
2,066
Single Family
2,062
Multi-Family
4
Businesses
122
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $180,000 |
| 2025-09-30 | Pending sale | $169,900 |
| 2025-08-21 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1630.00 | 6.96% | $87,500 | 7.36% |
| 2023-10-21 | $1524.00 | 11.73% | $81,500 | 6.96% |
| 2022-10-21 | $1364.00 | 5.57% | $76,200 | 11.73% |
Listed by: Debra Suddarth • Suddarth & Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533340
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.
