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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% |
Rental property for sale in Corydon at 501 E Chestnut Street, Corydon, IN, 47112 generates $1,441/mo in rent, after a $1,468/mo payment. Total monthly income is $1,441/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 5.77% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 79.36% and total cumulative return in cash sums $78,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.26 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: Lee King • Lopp Real Estate Brokers
Mls Name: SIRA
Mls ID: #2025011961
