Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Princeton at 2566 W Susan Dr, Princeton, IN, 47670 offers $2,381/mo rent that, after a $1,444/mo payment, leaves $610/mo cash flow. Total monthly income is $2,381/mo, and annual cash flow is $7,320/yr on $97,793 cash. Return on cash invested measures 27.39% in year one, and rental yield stands at 9.69% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 142.79% and total cumulative return in cash reaches $139,634. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,381/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.27 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 |
|---|---|---|
| 2025-02-18 | Sold | $295,000 |
| 2025-01-23 | Pending sale | $299,555 |
| 2023-12-19 | Listed for sale | $299,555 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $475.68 | 5.71% | $18,900 | N/A |
| 2023-10-23 | $450.00 | -5.72% | $18,900 | N/A |
| 2022-10-23 | $477.32 | N/A | $18,900 | N/A |
Listed by: Anita J Waldroup • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202345056
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.
