2007 W Brumfield Ave, Princeton, IN, 47670 | $239/mo Cash Flow

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2007 W Brumfield Ave, Princeton, IN, 47670 | $239/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Princeton at 2007 W Brumfield Ave, Princeton, IN, 47670 earns $239/mo cash flow from $1,559/mo rent with a $1,076/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $2,871/yr on $72,897 capital. ROI tracks 23.85% on current figures, and rental yield reads 8.51% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 123.76% and total cumulative return in cash sums $90,220. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.

Single Family

Built in 1958

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming home in the desirable Tower Heights neighborhood, perfectly situated on a spacious .40-acre lot. The shaded backyard offers a peaceful retreat with mature trees, gardens, and a lovely patio area for outdoor entertaining. Inside, the inviting living room and dining room flow seamlessly together, filled with natural light. The kitchen provides abundant cabinetry, included appliances, and a cozy breakfast nook. The owners suite features dual closets, built-in bookcase shelving, and a private full bath. Two additional bedrooms are well-sized and conveniently located near the second full bathroom. The finished basement adds extra living space, ideal for a family room or playroom, complete with additional built-in shelving. The unfinished laundry and utility area provide ample storage options. A spacious side-load 2.5-car garage offers even more room for vehicles, hobbies, or storage. Recent updates include a new roof, water heater & toilets (2024.) Sellers are including a 1 Year Supreme Coverage Home Warranty ($749.)

Neighborhood Data

Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.

Housing Distribution

Housing Statistics

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