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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% |
Investment property for sale in Vincennes at 1216 N 12th St, Vincennes, IN, 47591 listed at $128,200 pairs $1,295/mo rent with a $627/mo payment to leave $519/mo cash flow. Total monthly income runs $1,295/mo, and annual cash flow reaches $6,231/yr on $42,498 cash to close. Return on cash invested measures 34.57% in year one, and rental yield registers 12.12% at a $128,200 basis. Equity gained on principal adds $827/yr, and annual property appreciation at 5% supports $35,419 by year five. Five-year ROI tracks 181.37% and total cumulative return in cash totals $77,078. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,295/mo property income relative to a $627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1918
7,230 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 |
|---|---|---|
| 2025-04-15 | Listing removed | $137,800 |
| 2024-09-24 | Listed for sale | $137,800 |
| 2018-08-29 | Sold | $69,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1143.32 | 75.73% | $114,700 | 1.68% |
| 2023-10-23 | $650.60 | 12.09% | $112,800 | 50.20% |
| 2022-10-23 | $580.44 | -25.03% | $75,100 | 19.78% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
