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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 50 Pfrimmers Chapel Road NE, Corydon, IN, 47112 with 5% annual appreciation on a $235,000 basis while $2,068/mo rent supports operations. Total monthly income totals $2,068/mo and a $1,150/mo payment preserves $658/mo for cash returns. Annual cash flow comes to $7,890/yr on $77,903 deployed, and return on cash invested reaches 30.04% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 10.56%. Five-year ROI measures 156.92% and total cumulative return in cash totals $122,248.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,068/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1.33 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sam Nicolas • NextHome Wilson Real Estate
Mls Name: SIRA
Mls ID: #2025012679
