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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 Vincennes at 1155 N Fox Ridge Links Dr, Vincennes, IN, 47591 generates $2,923/mo in rent and, after a $1,566/mo payment, leaves $972/mo in cash flow. Total monthly income is $2,923/mo, and annual cash flow is $11,666/yr on $106,080 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 10.96% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 161.72% and total cumulative return in cash sums $171,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,923/mo property income rather than buyer’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.
| 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 |
Residential
10,711
Single Family
9,925
Multi-Family
786
Businesses
1,118
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Sold | $320,000 |
| 2025-09-22 | Pending sale | $349,900 |
| 2025-07-08 | Price change | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3016.88 | -1.05% | $324,000 | 2.86% |
| 2023-10-24 | $3049.00 | 10.47% | $315,000 | 1.03% |
| 2022-10-24 | $2760.00 | 3.10% | $311,800 | 12.97% |
Listed by: Beth A Meeks • Meeks Real Estate Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517249
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.
