








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Tennyson at 4744 Leslie Rd, Tennyson, IN, 47637 offers a 10.34% rental yield on a $245,000 purchase with $2,111/mo rent. Total monthly income registers $2,111/mo, and a $1,199/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,686/yr on $81,218 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 153.37% and total cumulative return in cash at $124,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,111/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
8.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47637, Tennyson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 461 (78.1%) |
| Renter Occupied HU | 72 (12.2%) |
| Vacant Housing Units | 57 ( 9.7%) |
| Median Home Value | $239,912 |
| Average Home Value | $269,517 |
Residential
574
Single Family
574
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Sold | $245,000 |
| 2025-06-23 | Pending sale | $289,900 |
| 2025-06-06 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $1013.90 | 37.91% | $155,300 | 1.37% |
| 2023-10-17 | $735.20 | 20.22% | $153,200 | 31.28% |
| 2022-10-17 | $611.54 | -3.37% | $116,700 | 25.08% |



Listed by: Kim D James • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521523
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.