








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 Princeton at 406 S 1st St, Princeton, IN, 47670 earns $632/mo cash flow from $1,990/mo rent with a $1,027/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $7,585/yr on $69,582 capital. ROI tracks 30.81% on current figures, and rental yield reads 11.38% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 161.74% and total cumulative return in cash sums $112,544. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
Single Family
Built in 2001
8,276 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $209,900 |
| 2007-03-19 | Sold | $133,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $2922.00 | 115.33% | $152,900 | 4.65% |
| 2022-04-03 | $1357.00 | 1.80% | $146,100 | 7.66% |
| 2021-04-03 | $1333.00 | 3.25% | $135,700 | 1.80% |



Listed by: Chris K Schafer • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510851
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.