2295 Fey Dr 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 2295 Fey Dr NW, Corydon, IN, 47112 earns $877/mo cash flow from $2,642/mo rent with a $1,439/mo payment. Total monthly income totals $2,642/mo, and annual cash flow totals $10,526/yr on $97,461 capital. ROI tracks 30.71% on current figures, and rental yield reads 10.78% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 160.54% and total cumulative return in cash sums $156,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,642/mo property income instead of your personal income.
Single Family
Built in 1989
0.40 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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