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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Corydon at 1168 Poplar Trace Way NW, Corydon, IN, 47112 generates $2,968/mo in rent and, after a $1,738/mo payment, leaves $837/mo in cash flow. Total monthly income is $2,968/mo, and annual cash flow is $10,038/yr on $117,683 invested. Return on cash invested sits at 28.44% in year one, and rental yield is 10.03% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 148.35% and total cumulative return in cash sums $174,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,968/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.
| 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 |
Residential
7,164
Single Family
6,983
Multi-Family
181
Businesses
647
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Sold | $355,000 |
| 2025-03-29 | Listed for sale | $354,900 |
| 2025-03-18 | Listing removed | $354,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2094.30 | -1.95% | $364,500 | 5.01% |
| 2023-10-21 | $2135.92 | N/A | $347,100 | 7.80% |
| 2022-10-21 | N/A | N/A | $322,000 | N/A |
Listed by: Casey Churchill • RE/MAX Advantage
Mls Name: SIRA
Mls Provider:
Mls ID: #202506881
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.
