1027 S Gibson StPrincetonIN47670
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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
Investment Highlights
Investment property for sale in Princeton at 1027 S Gibson St, Princeton, IN, 47670 earns $1,137/mo cash flow from $1,980/mo rent with a $685/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $13,642/yr on $46,410 capital. ROI tracks 49.3% on current figures, and rental yield reads 16.97% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 260.24% and total cumulative return in cash sums $120,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1904
6,969 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
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Listed by: Kelly Bolhofner • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523458
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.