2535 W 50 SPrincetonIN47670
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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
Investment Highlights
Investment property for sale in Princeton at 2535 W 50 S, Princeton, IN, 47670 uses $64,609 cash to close to unlock $4,223/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,559/mo, and a $954/mo payment keeps the spread at $352/mo. Purchase price stands at $194,900, and rental yield measures 9.6% with $1,559/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 137.89% and total cumulative return in cash records $89,091. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
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Listed by: Grant A Waldroup • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515380
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.