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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 Princeton at 203 S Center St, Princeton, IN, 47670 uses $48,399 cash to close to unlock $7,910/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $715/mo payment keeps the spread at $659/mo. Purchase price stands at $146,000, and rental yield measures 12.62% with $1,536/mo rent. Return on cash invested shows 36.25% in year one, and 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 190.34% and total cumulative return in cash records $92,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $715/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.
| 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 |
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Sold | $146,000 |
| 2025-06-24 | Pending sale | $149,500 |
| 2025-06-20 | Listed for sale | $149,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $10.06 | N/A | $98,400 | 3.25% |
| 2023-11-02 | N/A | N/A | $95,300 | -2.46% |
| 2022-11-02 | $9.66 | 1.90% | $97,700 | 14.81% |
Listed by: Andrea E White • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523568
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.
