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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 32 Cruse Loop SE, Corydon, IN, 47112 offers $2,698/mo rent that, after a $1,463/mo payment, leaves $904/mo cash flow. Total monthly income is $2,698/mo, and annual cash flow is $10,845/yr on $99,085 cash. Return on cash invested measures 30.85% in year one, and rental yield stands at 10.83% at a $298,900 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,581 by year five. Five-year ROI records 161.28% and total cumulative return in cash reaches $159,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,698/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
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 |
|---|---|---|
| 2025-07-10 | Sold | $298,900 |
| 2025-06-10 | Listed for sale | $299,900 |
| 2025-06-09 | Listing removed | $304,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1573.36 | 26.98% | $276,800 | 1.50% |
| 2023-10-13 | $1239.04 | 8.30% | $272,700 | 29.67% |
| 2022-10-13 | $1144.12 | 18.32% | $210,300 | 9.99% |
Listed by: Sandra Case Rodgers • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202508612
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.
