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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 7677 Wheeler Rd, Corydon, KY, 42406 generates $2,562/mo in rent and, after a $1,541/mo payment, leaves $646/mo in cash flow. Total monthly income is $2,562/mo, and annual cash flow is $7,749/yr on $104,389 invested. Return on cash invested sits at 27.33% in year one, and rental yield is 9.76% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 142.52% and total cumulative return in cash sums $148,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,562/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42406, Corydon, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 880 (72.2%) |
| Renter Occupied HU | 189 (15.5%) |
| Vacant Housing Units | 150 (12.3%) |
| Median Home Value | $242,222 |
| Average Home Value | $310,105 |
Residential
985
Single Family
985
Multi-Family
0
Businesses
30
Date | Event | Price |
|---|---|---|
| 2025-01-20 | Price change | $314,900 |
| 2024-12-10 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | $1363.02 | 675.81% | $160,000 | N/A |
| 2019-02-20 | $175.69 | -0.18% | $160,000 | N/A |
| 2018-02-20 | $176.01 | 2.23% | $160,000 | N/A |
Listed by: Melinda Luntsford • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls Provider:
Mls ID: #240557
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
