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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 1860 Andrew Court NW, Corydon, IN, 47112 priced at $253,000 pairs $2,414/mo rent with $896/mo cash flow after a $1,238/mo payment. Total monthly income equals $2,414/mo, and annual cash flow comes to $10,747/yr on $83,870 invested. Return on cash invested is 32.72% in year one, and rental yield stands at 11.45% on a $253,000 basis. Equity gained on principal adds $1,633/yr, and 5% annual appreciation accumulates to $69,899 by year five. Five-year ROI measures 171.31% and total cumulative return in cash reaches $143,680. For financing, Ziffy Mortgage’s DSCR program evaluates $2,414/mo property income against a $1,238/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.25 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 |
|---|---|---|
| 2024-12-31 | Sold | $253,000 |
| 2024-12-09 | Pending sale | $254,900 |
| 2024-12-02 | Listed for sale | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1201.32 | 4.64% | $220,200 | 0.41% |
| 2023-10-21 | $1148.04 | 11.18% | $219,300 | 10.48% |
| 2022-10-21 | $1032.60 | 13.95% | $198,500 | 11.89% |
Listed by: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202408325
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.
