656 August Yocum Lane 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 656 August Yocum Lane NE, Corydon, IN, 47112 earns $278/mo cash flow from $3,940/mo rent with a $2,986/mo payment. Total monthly income totals $3,940/mo, and annual cash flow totals $3,335/yr on $200,690 capital. ROI tracks 21.72% on current figures, and rental yield reads 7.75% at a $610,000 purchase. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 over five years. Five-year ROI reaches 112.28% and total cumulative return in cash sums $225,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,940/mo property income instead of your personal income.
Single Family
Built in 2008
3.71 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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