5925 N Shore DrLeoIN46765
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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 Leo at 5925 N Shore Dr, Leo, IN, 46765 priced at $279,000 converts $2,244/mo rent into $552/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,244/mo, and annual cash flow totals $6,625/yr on $92,489 invested. Return on cash invested prints 27.07% in year one, and rental yield reads 9.65% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 141.14% and total cumulative return in cash sums $130,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,244/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1958
1.02 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46765, Leo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 1,849 (90.4%) |
| Renter Occupied HU | 130 ( 6.4%) |
| Vacant Housing Units | 67 ( 3.3%) |
| Median Home Value | $405,269 |
| Average Home Value | $423,158 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
163
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Listed by: Jacob C McAfee • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202505458
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.