1005 E Ohio St, Princeton, IN, 47670 | $146/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1005 E Ohio St, Princeton, IN, 47670 | $146/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

Investment property for sale in Princeton at 1005 E Ohio St, Princeton, IN, 47670 earns $146/mo cash flow from $1,886/mo rent with a $1,419/mo payment. Total monthly income totals $1,886/mo, and annual cash flow totals $1,748/yr on $96,102 capital. ROI tracks 21.73% on current figures, and rental yield reads 7.81% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 112.35% and total cumulative return in cash sums $107,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,886/mo property income instead of your personal income.

Single Family

Built in 1959

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your private retreat on the outskirts of town! This spacious 2,552+ sq ft home sits on a peaceful .69-acre lot with a 3-car garage, pole barn, carport, and a gourmet kitchen designed for gathering and entertaining. Main Level Living The main level offers two comfortable bedrooms, a full-size bathroom, and an oversized living room perfect for everyday living or entertaining. The highlight of this level is the chefs dream eat-in kitchena stunning space featuring gleaming granite countertops, a striking designer backsplash, and abundant cabinetry. The centerpiece is a giant island that includes a sink, dishwasher, and trash compactor, making it both beautiful and functional. Outfitted with two ovens, a cooktop, a built-in microwave, and sleek stainless steel appliances, this kitchen is built for cooking, hosting, and creating lasting memories. Built-in shelving adds extra character and convenience, making this truly the heart of the home. Upstairs Retreat The upper level provides a flexible owners suite-style layout. It features a large master bedroom with two walk-in closets and custom built-ins, a second living room for added comfort, a full bathroom, and an oversized laundry room with plentiful cabinets and countertopsboth practical and stylish. Outdoor Living Step outside to enjoy a very large patio, ideal for cookouts, family gatherings, or quiet evenings. With .69 acres surrounded by trees and cornfields, youll love the balance of privacy and open country charm. Garages, Barns & More This property checks all the boxes for storage, hobbies, and projects: a 3-car detached garage with workshop space, a pole barn, a carport, and multiple sheds. Move-In Ready With thoughtful updates and modern conveniences throughout, this home blends country charm with modern luxuryready for you to move right in. Dont miss the opportunity to own this rare gem with space, privacy, and a true chefs kitchen

Neighborhood Data

Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,690 (100%)
Owner Occupied HU	3,514 (61.8%)
Renter Occupied HU	1,580 (27.8%)
Vacant Housing Units	596 (10.5%)
Median Home Value	$171,349
Average Home Value	$207,644