








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 Princeton at 1220 S Darwin Ave, Princeton, IN, 47670 offers a 13.43% rental yield on a $150,000 purchase with $1,679/mo rent. Total monthly income registers $1,679/mo, and a $734/mo payment leaves $775/mo available for distribution. Annual cash flow reaches $9,300/yr on $49,725 to close, and return on cash invested stands at 38.61% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 202.94% and total cumulative return in cash at $100,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,679/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.
| 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 |
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $150,000 |
| 2025-06-24 | Pending sale | $155,000 |
| 2025-06-04 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1290.00 | 7.32% | $133,900 | 3.80% |
| 2023-11-02 | $1202.00 | 24.17% | $129,000 | 7.32% |
| 2022-11-02 | $968.00 | 8.76% | $120,200 | 24.17% |



Listed by: Andrea E White • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518548
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.