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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 2231 Lenrose Ln NW, Corydon, IN, 47112 generates $2,543/mo in rent and, after a $1,329/mo payment, leaves $913/mo in cash flow. Total monthly income is $2,543/mo, and annual cash flow is $10,956/yr on $90,035 invested. Return on cash invested sits at 32.08% in year one, and rental yield is 11.24% on a $271,600 entry. Equity gained on principal adds $1,753/yr, while 5% annual appreciation builds toward $75,038 over five years. Five-year ROI reaches 167.83% and total cumulative return in cash sums $151,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,543/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.60 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 |
|---|---|---|
| 2025-10-08 | Listing removed | $274,900 |
| 2025-09-18 | Listed for sale | $274,900 |
| 2017-02-17 | Sold | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1563.08 | -1.96% | $266,000 | -1.81% |
| 2023-10-22 | $1594.28 | 9.88% | $270,900 | 5.78% |
| 2022-10-22 | $1450.94 | 12.80% | $256,100 | 11.88% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
