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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 Vincennes at 1009 S 15th St, Vincennes, IN, 47591 offers a 5.29% rental yield on a $229,900 purchase with $1,014/mo rent. 94% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 70.65% and total cumulative return in cash at $53,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,575 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,422 (100%) |
| Owner Occupied HU | 6,405 (56.1%) |
| Renter Occupied HU | 3,740 (32.7%) |
| Vacant Housing Units | 1,277 (11.2%) |
| Median Home Value | $162,728 |
| Average Home Value | $210,505 |
Residential
10,711
Single Family
9,925
Multi-Family
786
Businesses
1,118
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $2065.92 | 14.23% | $103,500 | 2.17% |
| 2023-03-29 | $1808.52 | 20.27% | $101,300 | 14.98% |
| 2022-03-29 | $1503.74 | 58.02% | $88,100 | 20.36% |
Listed by: Heath Klein • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510114
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
