2981 Crescent Hill Drive NECorydonIN47112
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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 2981 Crescent Hill Drive NE, Corydon, IN, 47112 earns $307/mo cash flow from $3,166/mo rent with a $2,324/mo payment. Total monthly income totals $3,166/mo, and annual cash flow totals $3,688/yr on $157,429 capital. ROI tracks 22.25% on current figures, and rental yield reads 8% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 115.19% and total cumulative return in cash sums $181,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,166/mo property income instead of your personal income.
Single Family
Built in 2015
1.09 Acres lot
$N/A/sqft
$100 annually 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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Listed by: Christina McKim • Keller Williams Realty Consultants
Mls Name: SIRA
Mls Provider:
Mls ID: #202509652
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.