1125 N Fox Ridge Links DrVincennesIN47591
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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 Vincennes at 1125 N Fox Ridge Links Dr, Vincennes, IN, 47591 generates $2,449/mo in rent and, after a $1,762/mo payment, leaves $288/mo in cash flow. Total monthly income is $2,449/mo, and annual cash flow is $3,457/yr on $119,307 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 8.17% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 118.16% and total cumulative return in cash sums $140,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,449/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,422 (100%) |
| Owner Occupied HU | 6,405 (56.1%) |
| Renter Occupied HU | 3,740 (32.7%) |
| Vacant Housing Units | 1,277 (11.2%) |
| Median Home Value | $162,728 |
| Average Home Value | $210,505 |
Housing Distribution
Address Breakdown
Residential
10,711
Single Family
9,925
Multi-Family
786
Businesses
1,118
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Listed by: Beth A Meeks • Meeks Real Estate Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510818
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.