1776 Harrison Spring Rd 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
Investment property for sale in Corydon at 1776 Harrison Spring Rd NW, Corydon, IN, 47112 earns $579/mo cash flow from $1,534/mo rent with a $779/mo payment. Total monthly income totals $1,534/mo, and annual cash flow totals $6,944/yr on $52,742 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.57% at a $159,100 purchase. Equity gained on principal adds $1,027/yr, and 5% annual appreciation supports $43,956 over five years. Five-year ROI reaches 173.23% and total cumulative return in cash sums $91,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,534/mo property income instead of your personal income.
Single Family
Built in 1945
0.44 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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