2138 S Leslie Ln, Scottsburg, IN, 47170 | $170/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2138 S Leslie Ln, Scottsburg, IN, 47170 | $170/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Scottsburg at 2138 S Leslie Ln, Scottsburg, IN, 47170 offers a 9.24% rental yield on a $100,000 purchase with $770/mo rent. Total monthly income registers $770/mo, and a $489/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,042/yr on $33,150 to close, and return on cash invested stands at 26.07% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 135.79% and total cumulative return in cash at $45,016. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $770/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

1.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2138 S Leslie Lane in Scottsburg, IN - offered at only $100,000! Set on 1.040 acres with a brand-new survey, this 1920 farmhouse is full of charm, character, and potential. Featuring 3 bedrooms, 1 bathroom, electric heat, and both a living room and family room, this home provides the space and layout to truly bring your farmhouse renovation dreams to life. Farmhouse remodels are incredibly popular-and this one is the perfect blank canvas. Enjoy cozy evenings by the fireplace and the peaceful country setting surrounding the property. Home is being sold as is. No water will be turned on for inspections. If you're looking for land, a project with tons of potential, or your next investment opportunity, this farmhouse is ready for its next chapter.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,833 (100%)
Owner Occupied HU	4,256 (62.3%)
Renter Occupied HU	1,960 (28.7%)
Vacant Housing Units	617 ( 9.0%)
Median Home Value	$185,872
Average Home Value	$216,799