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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% |
Investment property for sale in Corydon at 1478 Poplar Trace Way NW, Corydon, IN, 47112 listed at $274,900 pairs $2,425/mo rent with a $1,346/mo payment to leave $775/mo cash flow. Total monthly income runs $2,425/mo, and annual cash flow reaches $9,304/yr on $91,129 cash to close. Return on cash invested measures 30.12% in year one, and rental yield registers 10.59% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 157.39% and total cumulative return in cash totals $143,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,425/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
6,011 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katherine Tuell • Schuler Bauer Real Estate Services ERA Powered
Mls Name: SIRA
Mls ID: #2025012256
