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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 17 Old Capital Ridge NE, Corydon, IN, 47112 listed at $299,990 pairs $2,126/mo rent with a $1,468/mo payment to leave $176/mo cash flow. Total monthly income runs $2,126/mo, and annual cash flow reaches $2,106/yr on $99,447 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 8.5% at a $299,990 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,882 by year five. Five-year ROI tracks 114.62% and total cumulative return in cash totals $113,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,126/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
5,924 sqft lot
$N/A/sqft
$150 monthly 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 | Price change | $299,990 |
| 2025-03-19 | Price change | $319,000 |
| 2025-02-21 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1408.80 | -8.78% | $261,700 | 5.02% |
| 2023-04-23 | $1544.38 | 10.29% | $249,200 | -0.28% |
| 2022-04-23 | $1400.28 | -0.13% | $249,900 | 12.11% |
Listed by: Teresa Wallace • Re/Max Premier Properties
Mls Name: SIRA
Mls Provider:
Mls ID: #202507484
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.
