8544 State Route 268CorydonKY42406
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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 8544 State Route 268, Corydon, KY, 42406 uses $40,926 cash to close to unlock $3,539/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $1,046/mo, and a $604/mo payment keeps the spread at $295/mo. Purchase price stands at $123,456, and rental yield measures 10.17% with $1,046/mo rent. Return on cash invested shows 28.56% in year one, and 5% annual appreciation builds toward $34,109 over five years. Five-year ROI reaches 149.1% and total cumulative return in cash records $61,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,046/mo property income covering a $604/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.01 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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