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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 441 Franklin Street, Corydon, IN, 47112 uses $49,725 cash to close to unlock $3,369/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,181/mo, and a $734/mo payment keeps the spread at $281/mo. Purchase price stands at $150,000, and rental yield measures 9.45% with $1,181/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash records $69,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,181/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
0.30 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $150,000 |
| 2023-11-15 | Sold | $128,000 |
| 2023-10-15 | Pending sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | N/A | N/A | $105,200 | 25.99% |
| 2023-04-18 | N/A | N/A | $83,500 | 30.67% |
| 2022-04-18 | N/A | N/A | $63,900 | 70.86% |
Listed by: Ann Osterhoudt • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202507347
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.
