2002 Leanders RoadFloyds KnobsIN47119
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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
Rental property for sale in Floyds Knobs at 2002 Leanders Road, Floyds Knobs, IN, 47119 generates $3,295/mo in rent, after a $2,697/mo payment. Total monthly income is $3,295/mo. Return on cash invested sits at 19.82% in year one, and rental yield is 7.18% on a $551,000 entry. Equity gained on principal adds $3,556/yr, while 5% annual appreciation builds toward $152,231 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $185,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,295/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
0.29 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47119, Floyds Knobs, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 4,175 (88.7%) |
| Renter Occupied HU | 368 ( 7.8%) |
| Vacant Housing Units | 162 ( 3.4%) |
| Median Home Value | $402,736 |
| Average Home Value | $442,299 |
Housing Distribution
Address Breakdown
Residential
4,687
Single Family
4,687
Multi-Family
0
Businesses
308
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Listed by: Casey Churchill • RE/MAX Advantage
Mls Name: SIRA
Mls Provider:
Mls ID: #202508329
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.