2812 Crescent Hill Drive NE, Corydon, IN, 47112 | $646/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2812 Crescent Hill Drive NE, Corydon, IN, 47112 | $646/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corydon at 2812 Crescent Hill Drive NE, Corydon, IN, 47112 uses $104,423 cash to close to unlock $7,750/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,542/mo payment keeps the spread at $646/mo. Purchase price stands at $315,000, and rental yield measures 9.66% with $2,537/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 142.4% and total cumulative return in cash records $148,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Single Family

Built in 2012

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

The brick/stone combo makes for great curb appeal. And yes, this is "THE" floorplan. This is the layout that so many people seem to like the best and it's easy to see why. It's open with good natural light, SO SPACIOUS and has the biggest kitchen! It offers tons of real wood cabinets, breakfast bar, seemingly miles of countertop/ workspace plus the full complement of kitchen appliances stay. For the cook or baker in the family, this is the kitchen layout for you! You'll also find split bedrooms here with a super sized primary suite. Yes, your KING SIZE bed will fit just fine! Very nice ensuite has a jetted tub, separate shower, double vanity and check out the huge closet! Solid surface flooring throughout the home, except bedrooms. This BACKYARD... it has a very ZEN vibe. Expansive covered patio, privacy fence, decorative landscape designs and a big storage shed are features offered in this outstanding outdoor space. This neighborhood is less than a mile from shopping, dining, I-64 interstate ramp and an easy peasy 18 mile drive to Louisville.

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