17953 Letterbrick RunLeoIN46765
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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 17953 Letterbrick Run, Leo, IN, 46765 listed at $659,000 pairs $2,372/mo rent with a $3,225/mo payment. Total monthly income runs $2,372/mo. Return on cash invested measures 10.88% in year one, and rental yield registers 4.32% at a $659,000 basis. Equity gained on principal adds $4,252/yr, and annual property appreciation at 5% supports $182,070 by year five. Five-year ROI tracks 54.28% and total cumulative return in cash totals $117,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,372/mo property income relative to a $3,225/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.41 Acres lot
$N/A/sqft
$912 annually 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: Candice Everage • Weichert Realtors - Hoosier Heartland
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515637
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