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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 Princeton at 1259 N Main St, Princeton, IN, 47670 with 5% annual appreciation on a $432,000 basis while $2,585/mo rent supports operations. 84% in year one. Equity gained on principal adds $2,788/yr, and five-year appreciation sums $119,354 alongside rental yield of 7.18%. Five-year ROI measures 102.26% and total cumulative return in cash totals $146,443. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,585/mo property income versus a $2,114/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
2.29 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 |
|---|---|---|
| 2024-12-23 | Sold | $432,000 |
| 2024-11-25 | Pending sale | $459,900 |
| 2024-11-07 | Price change | $459,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2907.18 | 4.40% | $271,000 | 3.36% |
| 2023-10-23 | $2784.56 | 18.41% | $262,200 | 1.04% |
| 2022-10-23 | $2351.56 | 6.21% | $259,500 | 21.32% |
Listed by: Anita J Waldroup • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435015
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.
