








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 Princeton at 111 N Seminary St, Princeton, IN, 47670 offers a 9.62% rental yield on a $110,000 purchase with $882/mo rent. Total monthly income registers $882/mo, and a $538/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,342/yr on $36,465 to close, and return on cash invested stands at 26.33% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 137.49% and total cumulative return in cash at $50,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $882/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.
| 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 |
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Price change | $110,000 |
| 2024-09-05 | Price change | $115,000 |
| 2024-08-23 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1236.00 | 22.13% | $66,500 | 7.61% |
| 2022-10-15 | $1012.00 | 6.75% | $61,800 | 22.13% |
| 2021-10-15 | $948.00 | 8.97% | $50,600 | 6.75% |



Listed by: Kelly West • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202421287
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.