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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 248 Williams Street, Corydon, IN, 47112 uses $67,792 cash to close to unlock $6,568/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,775/mo, and a $1,001/mo payment keeps the spread at $547/mo. Purchase price stands at $204,500, and rental yield measures 10.42% with $1,775/mo rent. Return on cash invested shows 29.6% in year one, and 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 154.59% and total cumulative return in cash records $104,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $1,001/mo payment rather than investor’s personal income.
Manufactured
Built in 1940
0.39 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 |
|---|---|---|
| 2025-03-18 | Listed for sale | $204,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $554.54 | -13.27% | $158,500 | -4.06% |
| 2023-03-20 | $639.40 | 173.43% | $165,200 | 3.44% |
| 2022-03-20 | $233.84 | N/A | $159,700 | 29.10% |
Listed by: Barbara Shaw • RE/MAX Advantage
Mls Name: SIRA
Mls Provider:
Mls ID: #202506589
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.
