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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 217 S 9th St, Vincennes, IN, 47591 generates $1,598/mo in rent and, after a $857/mo payment, leaves $547/mo in cash flow. Total monthly income is $1,598/mo, and annual cash flow is $6,564/yr on $58,013 invested. Return on cash invested sits at 31.22% in year one, and rental yield is 10.96% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 163.38% and total cumulative return in cash sums $94,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,598/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
6,098 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 |
|---|---|---|
| 2025-07-24 | Sold | $175,000 |
| 2025-06-23 | Pending sale | $175,000 |
| 2025-06-19 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1084.84 | 2.00% | $126,200 | 2.10% |
| 2023-11-02 | $1063.56 | 70.74% | $123,600 | 14.98% |
| 2022-11-02 | $622.90 | 121.55% | $107,500 | 22.44% |
What's Special
Storage
Listed by: Vanessa Purdom • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523459
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.
