








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 Vincennes at 1023 E Sycamore St, Vincennes, IN, 47591 priced at $159,900 converts $1,172/mo rent into $209/mo cash flow after a $783/mo obligation. Total monthly income equals $1,172/mo, and annual cash flow totals $2,509/yr on $53,007 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 8.8% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 128.08% and total cumulative return in cash sums $67,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,172/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1904
6,011 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1359.30 | 119.08% | $138,500 | 3.44% |
| 2023-04-23 | $620.46 | 7.32% | $133,900 | 85.20% |
| 2022-04-23 | $578.16 | 6.50% | $72,300 | 15.68% |



What's Special
Walk-up
Listed by: Phil Corrona • Fathom Realty IN, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513823
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.