8808 W Cornbread Rd, Yorktown, IN, 47396 | $549/mo Cash Flow

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8808 W Cornbread Rd, Yorktown, IN, 47396 | $549/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Yorktown at 8808 W Cornbread Rd, Yorktown, IN, 47396 offers a 12.7% rental yield on a $119,900 purchase with $1,269/mo rent. Total monthly income registers $1,269/mo, and a $587/mo payment leaves $549/mo available for distribution. Annual cash flow reaches $6,589/yr on $39,747 to close, and return on cash invested stands at 36.49% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 191.59% and total cumulative return in cash at $76,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,269/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming and affordable, this cozy 2-bedroom, 1-bath starter home offers easy living in the desirable Yorktown School District. The layout features a comfortable living room, an efficient eat-in kitchen, and two well-sized bedrooms ideal for a first-time buyer, downsizer, or small family. A spacious 2-car detached garage provides plenty of room for parking, storage, or hobbies. Situated in a quiet area, this home offers a great opportunity to enjoy Yorktown living at an accessible price point. Walking distance to downtown shops and restaurants.