16702 Tonkel RdLeoIN46765
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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 16702 Tonkel Rd, Leo, IN, 46765 earns from $5,695/mo rent with a $8,671/mo payment. Total monthly income totals $5,695/mo. ROI tracks 9.48% on current figures, and rental yield reads 3.86% at a $1,771,574 purchase. Equity gained on principal adds $11,432/yr, and 5% annual appreciation supports $489,453 over five years. Five-year ROI reaches 46.77% and total cumulative return in cash sums $268,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,695/mo property income instead of your personal income.
Single Family
Built in 1995
10 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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Listed by: John Garcia • Impact Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510640
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.