15216 James DrLeoIN46765
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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 Leo at 15216 James Dr, Leo, IN, 46765 uses $37,294 cash to close to unlock $10,924/yr annual cash flow and $910/mo monthly cash flow. Total monthly income runs $1,716/mo, and a $551/mo payment keeps the spread at $910/mo. Purchase price stands at $112,500, and rental yield measures 18.3% with $1,716/mo rent. Return on cash invested shows 49.2% in year one, and 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 261.29% and total cumulative return in cash records $97,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,716/mo property income covering a $551/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46765, Leo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 1,849 (90.4%) |
| Renter Occupied HU | 130 ( 6.4%) |
| Vacant Housing Units | 67 ( 3.3%) |
| Median Home Value | $405,269 |
| Average Home Value | $423,158 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
163
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Listed by: Kevin Ewing • Orizon Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508687
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.