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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 3295 Old Hwy. 135 SW, Corydon, IN, 47112 offers a 9.94% rental yield on a $390,000 purchase with $3,229/mo rent. Total monthly income registers $3,229/mo, and a $1,909/mo payment leaves $888/mo available for distribution. Annual cash flow reaches $10,653/yr on $129,285 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 146.78% and total cumulative return in cash at $189,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,229/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
2.45 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 |
|---|---|---|
| 2025-06-06 | Sold | $390,000 |
| 2024-12-16 | Pending sale | $425,000 |
| 2024-10-09 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2132.12 | 0.79% | $368,600 | 7.68% |
| 2023-10-21 | $2115.36 | 6.10% | $342,300 | 9.75% |
| 2022-10-21 | $1993.66 | 13.85% | $311,900 | 9.63% |
Listed by: Josh Orme • Mossy Oak Properties Hoosier Land and Farm
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011439
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.
