1557 Cypress Cove NWCorydonIN47112
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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
Total monthly income runs $1,020/mo, and a $1,101/mo payment. Purchase price stands at $224,900, and rental yield measures 5.44% with $1,020/mo rent. Return on cash invested shows 14.59% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash records $55,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2,352 sqft 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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