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% |
Investment property for sale in Vincennes at 322 N 3rd St, Vincennes, IN, 47591 listed at $175,000 pairs $2,191/mo rent with a $857/mo payment to leave $1,140/mo cash flow. Total monthly income runs $2,191/mo, and annual cash flow reaches $13,680/yr on $58,013 cash to close. Return on cash invested measures 43.49% in year one, and rental yield registers 15.02% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 229.14% and total cumulative return in cash totals $132,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,191/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
4,660 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 |
|---|---|---|
| 2025-06-20 | Sold | $175,000 |
| 2025-05-06 | Pending sale | $179,900 |
| 2024-10-15 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1313.04 | 115.85% | $124,500 | -2.89% |
| 2023-10-23 | $608.32 | 7.68% | $128,200 | 118.03% |
| 2022-10-23 | $564.92 | 5.18% | $58,800 | 7.50% |
Listed by: Robin Montgomery • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438009
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.
