303 W Anthony StCorydonIA50060
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 303 W Anthony St, Corydon, IA, 50060 in Corydon worth modelling. At $130,000 with a 9.43% gross yield, the $1,022/mo rent leaves $178/mo after the $585/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.75 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $35,917 by year five; $1,197/yr in principal reduction adds further equity. Total projected return: $60,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $178 | $500 |
City averages based on Corydon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,022 |
| Total Monthly Debt Service | $793 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50060, Corydon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 773 (63.2%) |
| Renter Occupied HU | 271 (22.2%) |
| Vacant Housing Units | 179 (14.6%) |
| Median Home Value | $120,363 |
| Average Home Value | $220,695 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,020
Multi-Family
61
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50060, Corydon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 773 (63.2%) |
| Renter Occupied HU | 271 (22.2%) |
| Vacant Housing Units | 179 (14.6%) |
| Median Home Value | $120,363 |
| Average Home Value | $220,695 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,020
Multi-Family
61
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices