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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% |
Rental property for sale in Vincennes at 1821 E Johnson Ln, Vincennes, IN, 47591 generates $1,967/mo in rent and, after a $1,211/mo payment, leaves $482/mo in cash flow. Total monthly income is $1,967/mo, and annual cash flow is $5,780/yr on $82,046 invested. Return on cash invested sits at 26.95% in year one, and rental yield is 9.54% on a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 140.39% and total cumulative return in cash sums $115,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,967/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.41 Acres 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 |
|---|---|---|
| 2025-10-07 | Sold | $247,500 |
| 2025-08-28 | Pending sale | $247,400 |
| 2025-07-09 | Price change | $247,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $1380.38 | 8.56% | $166,500 | -0.36% |
| 2023-10-30 | $1271.56 | 9.90% | $167,100 | 11.62% |
| 2022-10-30 | $1157.00 | 7.36% | $149,700 | 16.68% |
Listed by: Cameron Engstrom • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523160
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.
