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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 2811 Harrison Heth Road SW, Corydon, IN, 47112 offers a 9.55% rental yield on a $135,000 purchase with $1,074/mo rent. Total monthly income registers $1,074/mo, and a $661/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,160/yr on $44,753 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 140.53% and total cumulative return in cash at $62,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
1 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 |
|---|---|---|
| 2024-10-08 | Listed for sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $152.12 | -16.22% | $69,300 | 10.35% |
| 2022-10-14 | $181.58 | 1.83% | $62,800 | 10.37% |
| 2021-10-14 | $178.32 | -2.00% | $56,900 | 9.21% |
Listed by: Leslie Williams • Schuler Bauer Real Estate Services ERA Powered
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011264
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.
