50 Pfrimmers Chapel Road 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 50 Pfrimmers Chapel Road NE, Corydon, IN, 47112 with 5% annual appreciation on a $235,000 basis while $1,908/mo rent supports operations. Total monthly income totals $1,908/mo and a $1,150/mo payment preserves $498/mo for cash returns. Annual cash flow comes to $5,970/yr on $77,903 deployed, and return on cash invested reaches 27.57% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 9.74%. Five-year ROI measures 143.71% and total cumulative return in cash totals $111,952.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,908/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1.33 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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