1120 N 100 E, Princeton, IN, 47670 | $359/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1120 N 100 E, Princeton, IN, 47670 | $359/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Princeton at 1120 N 100 E, Princeton, IN, 47670 generates $1,554/mo in rent and, after a $974/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $4,313/yr on $65,969 invested. Return on cash invested sits at 26.45% in year one, and rental yield is 9.37% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $90,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.

Manufactured

Built in 2004

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious Country Living Opportunity 4 Bed, 2 Bath Manufactured Home on 5 Acres Welcome to your next home with endless potential! Nestled just outside of town in a peaceful, scenic location, this large manufactured home offers the perfect canvas for your dream country retreat. The home is ready for renovation, providing a blank slate for customization. With 2,528 square feet of space, youll enjoy generously sized rooms throughout, ideal for creating a spacious and modern layout tailored to your style. Set on approximately 5 acres, this property offers privacy, room to roam, and plenty of space for gardening, recreation, or even future expansion. The location combines the tranquility of rural living with convenient access to town amenities. Back Deck perfect for relaxing or entertaining. Detached 2-Car Metal Frame Garage for storage, workshop, or parking. Great Location with easy access to local roads and services. Whether you're an investor, a DIY enthusiast, or someone looking to buy and renovate a forever home, this property is a rare opportunity to create something truly special. Property is being sold as is.

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