1639 Kirkwood RdCorydonIA50060
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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 1639 Kirkwood Rd, Corydon, IA, 50060 listed at $269,000 pairs $1,267/mo rent with a $1,317/mo payment. Total monthly income runs $1,267/mo. Return on cash invested measures 13.44% in year one, and rental yield registers 5.65% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 68.59% and total cumulative return in cash totals $61,163. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,267/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
5.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50060, Corydon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 773 (63.2%) |
| Renter Occupied HU | 271 (22.2%) |
| Vacant Housing Units | 179 (14.6%) |
| Median Home Value | $120,363 |
| Average Home Value | $220,695 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,020
Multi-Family
61
Businesses
124
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