1301 Burnett LnVincennesIN47591
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Vincennes at 1301 Burnett Ln, Vincennes, IN, 47591 with 5% annual appreciation on a $658,000 basis while $1,724/mo rent supports operations. 72% in year one. Equity gained on principal adds $4,246/yr, and five-year appreciation sums $181,793 alongside rental yield of 3.14%. Five-year ROI measures 37.19% and total cumulative return in cash totals $80,513. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,724/mo property income versus a $3,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,711
Single Family
9,925
Multi-Family
786
Businesses
1,118
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Listed by: Drew G Englert • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510503
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.