8372 Whitelick 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 8372 Whitelick Rd, Corydon, KY, 42406 priced at $123,456 pairs $937/mo rent with $186/mo cash flow after a $604/mo payment. Total monthly income equals $937/mo, and annual cash flow comes to $2,231/yr on $40,926 invested. Return on cash invested is 25.36% in year one, and rental yield stands at 9.11% on a $123,456 basis. Equity gained on principal adds $797/yr, and 5% annual appreciation accumulates to $34,109 by year five. Five-year ROI measures 131.95% and total cumulative return in cash reaches $54,000. For financing, Ziffy Mortgage’s DSCR program evaluates $937/mo property income against a $604/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.35 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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