7155 Corydon Junction Road NENew salisburyIN47161
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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 New salisbury at 7155 Corydon Junction Road NE, New salisbury, IN, 47161 earns $1,441/mo cash flow from $2,090/mo rent with a $529/mo payment. Total monthly income totals $2,090/mo, and annual cash flow totals $17,296/yr on $35,802 capital. ROI tracks 68.22% on current figures, and rental yield reads 23.22% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 361.74% and total cumulative return in cash sums $129,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,090/mo property income instead of your personal income.
Single Family
Built in 1900
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,218 (79.9%) |
| Renter Occupied HU | 216 (14.2%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $230,131 |
| Average Home Value | $264,865 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
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Listed by: Patty Rojan • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010624
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.