8273 S State Road 66LeavenworthIN47137
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8273 S State Road 66, Leavenworth, IN, 47137 in Leavenworth earns a respectable 8.4% gross yield at $159,100, but after the $715/mo mortgage the net cash flow is $159/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.56) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $43,956 over five years, making equity the dominant return driver. Total projected return: $70,460.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $159 | $1,200 |
City averages based on Leavenworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,114 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47137, Leavenworth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 535 (68.2%) |
| Renter Occupied HU | 64 ( 8.2%) |
| Vacant Housing Units | 186 (23.7%) |
| Median Home Value | $134,593 |
| Average Home Value | $168,252 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47137, Leavenworth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 535 (68.2%) |
| Renter Occupied HU | 64 ( 8.2%) |
| Vacant Housing Units | 186 (23.7%) |
| Median Home Value | $134,593 |
| Average Home Value | $168,252 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A