4205 Highway 135 NE, Corydon, IN, 47112 | 5.3% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4205 Highway 135 NE, Corydon, IN, 47112 | 5.3% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Corydon at 4205 Highway 135 NE, Corydon, IN, 47112 offers a 5.3% rental yield on a $535,000 purchase with $2,364/mo rent. 28% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 72.4% and total cumulative return in cash at $127,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,364/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

11 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for a place for outdoor fun, but dont want to give up easy access to dining and shopping? This 3 bedroom, 2 bath home on 11+ acres is perfect and is situated mere minutes from the I64 interstate exchange in Corydon. Be to downtown Louisville in 25 minutes. Plenty of land to hunt, ride ATVs, and have horses. Multiple, fruit-bearing persimmon trees give a large harvest every fall. Room to build a dream barn. Indoors, you will find a full, unfinished basement. The open concept floorplan is just what you need for the upcoming holidays. Split bedrooms give the ultimate privacy, boasting a massive master bedroom. A huge laundry room leads outside to 1 of the 2 covered decks. Basement is plumbed for an additional bath (toilet and sink already installed), and adding extra bedrooms will be a breeze. All doorways are extra wide. New heat pump and air handler installed June 2023 with 22 SEER rating and Aprilaire filter upgrade. Hydrangea plant in rear does not stay. Property is currently 15 acres. 3-4 acres are being surveyed off (following current property line straight from road to back of property). Survey markers will be added soon to show new lines.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.

Housing Distribution

Housing Statistics

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