805 E Walnut Street, Corydon, IN, 47112 | $253/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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805 E Walnut Street, Corydon, IN, 47112 | $253/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Corydon at 805 E Walnut Street, Corydon, IN, 47112 offers $1,207/mo rent that, after a $778/mo payment, leaves $253/mo cash flow. Total monthly income is $1,207/mo, and annual cash flow is $3,033/yr on $52,709 cash. Return on cash invested measures 25.66% in year one, and rental yield stands at 9.11% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 133.46% and total cumulative return in cash reaches $70,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,207/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming home offers a spacious country kitchen, perfect for gathering and everyday living. The large primary bedroom features an en-suite bath with a marble vanity and a unique octagon window for added character. Enjoy outdoor entertaining on the 5' x 7' side porch or relax in the generous backyard. The walk-out basement provides a large family room that could also serve as a fourth bedroom. Recent updates include a new roof, partial siding, and a new furnace motor. Home is being sold as-is. Room sizes and square footage are approximate; if critical, buyers should verify.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.

Housing Distribution

Housing Statistics

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