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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% |
Rental property for sale in Princeton at 330 S Seminary St, Princeton, IN, 47670 generates $1,778/mo in rent and, after a $859/mo payment, leaves $724/mo in cash flow. Total monthly income is $1,778/mo, and annual cash flow is $8,694/yr on $58,178 invested. Return on cash invested sits at 34.85% in year one, and rental yield is 12.16% on a $175,500 entry. Equity gained on principal adds $1,132/yr, while 5% annual appreciation builds toward $48,487 over five years. Five-year ROI reaches 182.76% and total cumulative return in cash sums $106,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,778/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
6,098 sqft 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 |
|---|---|---|
| 2025-04-11 | Sold | $175,500 |
| 2025-02-21 | Pending sale | $185,000 |
| 2024-12-31 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1211.00 | 7.93% | $127,200 | 5.04% |
| 2023-10-23 | $1122.00 | 20.91% | $121,100 | 7.93% |
| 2022-10-23 | $928.00 | 6.91% | $112,200 | 20.91% |
Listed by: Kelly Bolhofner • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202422694
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.
