4078 E Oldfield DrLeesburgIN46538
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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 Leesburg at 4078 E Oldfield Dr, Leesburg, IN, 46538 with 5% annual appreciation on a $385,000 basis while $4,255/mo rent supports operations. Total monthly income totals $4,255/mo and a $1,884/mo payment preserves $1,921/mo for cash returns. Annual cash flow comes to $23,056/yr on $127,628 deployed, and return on cash invested reaches 37.97% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 13.26%. Five-year ROI measures 199.57% and total cumulative return in cash totals $254,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,255/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.55 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46538, Leesburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,792 (100%) |
| Owner Occupied HU | 1,512 (54.2%) |
| Renter Occupied HU | 205 ( 7.3%) |
| Vacant Housing Units | 1,075 (38.5%) |
| Median Home Value | $357,364 |
| Average Home Value | $431,500 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
2,050
Multi-Family
0
Businesses
79
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Listed by: Amy Evans • RE/MAX Results- Warsaw
Mls Name: IRMLS
Mls Provider:
Mls ID: #202442892
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.