3262 W County Road 300 SCoryIN47846
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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 Cory at 3262 W County Road 300 S, Cory, IN, 47846 offers a 6.21% rental yield on a $435,000 purchase with $2,251/mo rent. 91% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 86.52% and total cumulative return in cash at $124,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,251/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47846, Cory, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 344 (100%) |
| Owner Occupied HU | 257 (74.7%) |
| Renter Occupied HU | 48 (14.0%) |
| Vacant Housing Units | 39 (11.3%) |
| Median Home Value | $159,511 |
| Average Home Value | $281,148 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
7
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