307 Church St, Vincennes, IN, 47591 | 6.75% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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2008 Main St, Vincennes, IN, 47591

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

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Investment Highlights

Investment property for sale in Vincennes at 307 Church St, Vincennes, IN, 47591 with 5% annual appreciation on a $159,900 basis while $900/mo rent supports operations. 55% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 6.75%. Five-year ROI measures 95.3% and total cumulative return in cash totals $50,514. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1910

6,403 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.

Housing Distribution

Housing Statistics

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