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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 2232 N 2nd St, Vincennes, IN, 47591 earns $432/mo cash flow from $1,537/mo rent with a $848/mo payment. Total monthly income totals $1,537/mo, and annual cash flow totals $5,183/yr on $57,449 capital. ROI tracks 28.93% on current figures, and rental yield reads 10.64% at a $173,300 purchase. Equity gained on principal adds $1,118/yr, and 5% annual appreciation supports $47,880 over five years. Five-year ROI reaches 151.46% and total cumulative return in cash sums $87,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,537/mo property income instead of your personal income.
Single Family
Built in 1886
0.26 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 |
|---|---|---|
| 2025-03-25 | Listing removed | $235,000 |
| 2024-09-17 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2217.72 | -4.83% | $115,700 | 1.40% |
| 2023-10-23 | $2330.36 | -20.42% | $114,100 | 0.88% |
| 2022-10-23 | $2928.34 | 115.26% | $113,100 | -7.97% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
