Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 4950 Tee Road NE, Corydon, IN, 47112 listed at $412,500 pairs $2,492/mo rent with a $2,019/mo payment to leave $16/mo cash flow. Total monthly income runs $2,492/mo, and annual cash flow reaches $190/yr on $136,744 cash to close. Return on cash invested measures 20.05% in year one, and rental yield registers 7.25% at a $412,500 basis. Equity gained on principal adds $2,662/yr, and annual property appreciation at 5% supports $113,966 by year five. Five-year ROI tracks 103.34% and total cumulative return in cash totals $141,304. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,492/mo property income relative to a $2,019/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
2.97 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 |
|---|---|---|
| 2025-05-30 | Sold | $412,500 |
| 2025-05-09 | Listed for sale | $399,900 |
| 2013-05-15 | Sold | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1689.86 | 9.91% | $259,100 | 5.11% |
| 2023-10-21 | $1537.46 | 14.28% | $246,500 | 16.05% |
| 2022-10-21 | $1345.32 | 4.99% | $212,400 | 14.81% |
Listed by: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202507909
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.
