








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 Vincennes at 1206 N Upper 11th St, Vincennes, IN, 47591 uses $61,328 cash to close to unlock $8,016/yr annual cash flow and $668/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $905/mo payment keeps the spread at $668/mo. Purchase price stands at $185,000, and rental yield measures 11.53% with $1,778/mo rent. Return on cash invested shows 32.98% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 172.66% and total cumulative return in cash records $105,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,535 sqft 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 |
|---|---|---|
| 2025-05-05 | Sold | $185,000 |
| 2025-04-02 | Pending sale | $189,900 |
| 2024-10-30 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1478.44 | 23.35% | $72,600 | 0.55% |
| 2023-10-23 | $1198.56 | 8.98% | $72,200 | 24.70% |
| 2022-10-23 | $1099.84 | 3.85% | $57,900 | 9.04% |



Listed by: Phil Corrona • Fathom Realty IN, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436707
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.