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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 2173 Highway 337 NW, Corydon, IN, 47112 offers a 11.85% rental yield on a $305,400 purchase with $3,017/mo rent. Total monthly income registers $3,017/mo, and a $1,495/mo payment leaves $1,184/mo available for distribution. Annual cash flow reaches $14,202/yr on $101,240 to close, and return on cash invested stands at 33.94% in year one. Equity gained on principal adds $1,971/yr while 5% annual appreciation supports $84,376 over five years. Portfolio math shows five-year ROI at 177.85% and total cumulative return in cash at $180,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,017/mo property income against a $1,495/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.80 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1660.88 | 35.31% | $287,000 | 0.63% |
| 2023-10-21 | $1227.46 | 18.41% | $285,200 | 36.59% |
| 2022-10-21 | $1036.64 | -2.71% | $208,800 | 17.37% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
