59 Ems T7a LnLeesburgIN46538
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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 Leesburg at 59 Ems T7a Ln, Leesburg, IN, 46538 generates $2,803/mo in rent and, after a $1,535/mo payment, leaves $900/mo in cash flow. Total monthly income is $2,803/mo, and annual cash flow is $10,805/yr on $103,958 invested. Return on cash invested sits at 30.3% in year one, and rental yield is 10.73% on a $313,600 entry. Equity gained on principal adds $2,024/yr, while 5% annual appreciation builds toward $86,642 over five years. Five-year ROI reaches 158.45% and total cumulative return in cash sums $164,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,803/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.45 Acres lot
$N/A/sqft
$20 monthly 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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