Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1322 E Locust St, Vincennes, IN, 47591 uses $44,753 cash to close to unlock $3,028/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,063/mo, and a $661/mo payment keeps the spread at $252/mo. Purchase price stands at $135,000, and rental yield measures 9.45% with $1,063/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.98% and total cumulative return in cash records $62,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,063/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,662 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 |
|---|---|---|
| 2025-03-26 | Listed for sale | $135,000 |
| 2021-12-17 | Sold | $107,000 |
| 2021-11-23 | Pending sale | $107,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $965.02 | -45.59% | $96,600 | 2.55% |
| 2023-03-27 | $1773.72 | 283.51% | $94,200 | 8.90% |
| 2022-03-27 | $462.50 | 3.03% | $86,500 | 93.95% |
Listed by: Tyler Simmons • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509870
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.
