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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 1626 N 14th St, Vincennes, IN, 47591 listed at $125,000 pairs $1,369/mo rent with a $612/mo payment to leave $618/mo cash flow. Total monthly income runs $1,369/mo, and annual cash flow reaches $7,422/yr on $41,438 cash to close. Return on cash invested measures 37.82% in year one, and rental yield registers 13.14% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 198.73% and total cumulative return in cash totals $82,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,369/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6,534 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 |
|---|---|---|
| 2025-04-01 | Sold | $125,000 |
| 2025-02-25 | Pending sale | $125,000 |
| 2025-01-04 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $886.44 | -1.61% | $82,600 | -0.24% |
| 2023-10-23 | $900.96 | 29.31% | $82,800 | 9.23% |
| 2022-10-23 | $696.72 | 15.71% | $75,800 | 21.28% |
Listed by: Tyler Simmons • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437567
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.
