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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 1495 Watson Rd SW, Corydon, IN, 47112 uses $49,725 cash to close to unlock $2,865/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,139/mo, and a $734/mo payment keeps the spread at $239/mo. Purchase price stands at $150,000, and rental yield measures 9.11% with $1,139/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.51% and total cumulative return in cash records $66,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,139/mo property income covering a $734/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 2000
2 Acres 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $150,000 |
| 2023-05-25 | Sold | $100,000 |
| 2023-02-25 | Pending sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $113.16 | 20.92% | $12,300 | 19.42% |
| 2023-06-26 | $93.58 | 7.39% | $10,300 | 25.61% |
| 2022-06-26 | $87.14 | -1.67% | $8,200 | 15.49% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
