2126 Highway 337 NW, Corydon, IN, 47112 | $858/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2126 Highway 337 NW, Corydon, IN, 47112 | $858/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Corydon at 2126 Highway 337 NW, Corydon, IN, 47112 offers a 11.63% rental yield on a $232,700 purchase with $2,255/mo rent. Total monthly income registers $2,255/mo, and a $1,139/mo payment leaves $858/mo available for distribution. Annual cash flow reaches $10,297/yr on $77,140 to close, and return on cash invested stands at 33.26% in year one. Equity gained on principal adds $1,502/yr while 5% annual appreciation supports $64,291 over five years. Portfolio math shows five-year ROI at 174.25% and total cumulative return in cash at $134,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,255/mo property income against a $1,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1973

0.97 Acres lot

$N/A/sqft

No HOA

More details about the property

ONE OF A KIND! This unique berm home is located in a serene setting on just under an acre of land. An attached two-car garage, large porch, spiral staircase, and clean interior are just a few of the perks. Home sold as is. Prospective buyers are advised to conduct independent assessment of property condition and features. Information is not verified or warranted. Properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin. Sq. Ft. & room sizes are approximate. Taxes are '11 pay '12 and may reflect deductions that may not continue to apply, possibly resulting in a higher tax bill. Equal Housing Opportunity.\n\nInformation Deemed Reliable But Not Guaranteed. Information provided by the Southern Indiana REALTORS® Association, Inc. © 2010 SIRA Multiple Listing Service. All rights reserved. Brokered And Advertised By: RE/MAX Results Listing Agent: Michael Osborne

Neighborhood Data

Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.

Housing Distribution

Housing Statistics

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