107 S Kensington DrPrincetonIN47670
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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
Rental property for sale in Princeton at 107 S Kensington Dr, Princeton, IN, 47670 generates $1,386/mo in rent and, after a $729/mo payment, leaves $492/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $5,904/yr on $49,360 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.17% on a $148,900 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 166.74% and total cumulative return in cash sums $82,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
9,612 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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