5676 Housebridge RdCorydonKY42406
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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
Rental property for sale in Corydon at 5676 Housebridge Rd, Corydon, KY, 42406 generates $1,018/mo in rent and, after a $660/mo payment, leaves $197/mo in cash flow. Total monthly income is $1,018/mo, and annual cash flow is $2,367/yr on $44,719 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 9.06% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 131.2% and total cumulative return in cash sums $58,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,018/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42406, Corydon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 880 (72.2%) |
| Renter Occupied HU | 189 (15.5%) |
| Vacant Housing Units | 150 (12.3%) |
| Median Home Value | $242,222 |
| Average Home Value | $310,105 |
Housing Distribution
Address Breakdown
Residential
985
Single Family
985
Multi-Family
0
Businesses
30
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