8720 Leander AveZionsvilleIN46077
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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 Zionsville at 8720 Leander Ave, Zionsville, IN, 46077 offers a 8.86% rental yield on a $696,802 purchase with $5,142/mo rent. Total monthly income registers $5,142/mo, and a $3,411/mo payment leaves $960/mo available for distribution. Annual cash flow reaches $11,517/yr on $229,248 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $4,496/yr while 5% annual appreciation supports $192,514 over five years. Portfolio math shows five-year ROI at 130.31% and total cumulative return in cash at $298,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,142/mo property income against a $3,411/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
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Listed by: Lisa Kleinke • Pulte Realty of Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22051929