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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% |
Rental property for sale in Petersburg at 1113 N Vincennes Ave, Petersburg, IN, 47567 priced at $235,000 converts $1,805/mo rent into $395/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,805/mo, and annual cash flow totals $4,734/yr on $77,903 invested. Return on cash invested prints 25.99% in year one, and rental yield reads 9.22% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 135.21% and total cumulative return in cash sums $105,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,805/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1933
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,818 (69.4%) |
| Renter Occupied HU | 503 (19.2%) |
| Vacant Housing Units | 298 (11.4%) |
| Median Home Value | $175,641 |
| Average Home Value | $200,881 |
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Price change | $235,000 |
| 2024-07-30 | Listed for sale | $244,900 |
| 2022-10-11 | Sold | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $52.00 | 4.00% | $2,700 | 3.85% |
| 2022-10-15 | $50.00 | 4.17% | $2,600 | 4.00% |
| 2021-10-15 | $48.00 | N/A | $2,500 | 4.17% |
Listed by: Kristi Ritz • KNOX COUNTY REALTY, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202428478
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.
