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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 2385 Chinn Drive SW, Corydon, IN, 47112 at $229,900 posts ROI 33.69% with $875/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $10,502/yr on $76,212 to close. Return on cash invested measures 33.69% and rental yield reads 11.77% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 176.55% and total cumulative return in cash totals $134,555.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
5 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $229,900 |
| 2018-01-09 | Listing removed | $134,900 |
| 2017-12-07 | Price change | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $883.64 | -6.54% | $168,800 | 4.07% |
| 2023-04-18 | $945.48 | 12.44% | $162,200 | 2.01% |
| 2022-04-18 | $840.90 | -0.32% | $159,000 | 11.50% |
Listed by: Laurie Orkies Dunaway • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #202507253
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.
