2182 County Road 13CorunnaIN46730
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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
Rental property for sale in Corunna at 2182 County Road 13, Corunna, IN, 46730 generates $2,335/mo in rent, after a $2,594/mo payment. Total monthly income is $2,335/mo. Return on cash invested sits at 14.24% in year one, and rental yield is 5.29% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 72.14% and total cumulative return in cash sums $125,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,335/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46730, Corunna, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 506 (84.3%) |
| Renter Occupied HU | 69 (11.5%) |
| Vacant Housing Units | 25 ( 4.2%) |
| Median Home Value | $294,118 |
| Average Home Value | $320,963 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
19
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Listed by: Weston Hankey • Mike Thomas Associates
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522041
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.