15293 Leo Creek BlvdLeoIN46765
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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 15293 Leo Creek Blvd, Leo, IN, 46765 offers a 7.94% rental yield on a $469,900 purchase with $3,108/mo rent. Total monthly income registers $3,108/mo, and a $2,300/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,446/yr on $155,772 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 114.48% and total cumulative return in cash at $178,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,108/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.30 Acres 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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