1060 Bogard Drive NECorydonIN47112
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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 Corydon at 1060 Bogard Drive NE, Corydon, IN, 47112 with 5% annual appreciation on a $165,000 basis while $1,045/mo rent supports operations. Total monthly income totals $1,045/mo and a $808/mo payment preserves $54/mo for cash returns. Annual cash flow comes to $649/yr on $54,698 deployed, and return on cash invested reaches 21.1% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 7.6%. Five-year ROI measures 109.06% and total cumulative return in cash totals $59,651.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,045/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,518 (100%) |
| Owner Occupied HU | 5,454 (72.5%) |
| Renter Occupied HU | 1,630 (21.7%) |
| Vacant Housing Units | 434 ( 5.8%) |
| Median Home Value | $258,075 |
| Average Home Value | $277,533 |
Housing Distribution
Address Breakdown
Residential
7,164
Single Family
6,983
Multi-Family
181
Businesses
647
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Listed by: Crystal Davis • Re/Max Premier Properties
Mls Name: SIRA
Mls Provider:
Mls ID: #202506814
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.