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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% |
Investment property for sale in Princeton at 407 W Kentucky St, Princeton, IN, 47670 uses $52,709 cash to close to unlock $5,799/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $1,511/mo, and a $778/mo payment keeps the spread at $483/mo. Purchase price stands at $159,000, and rental yield measures 11.4% with $1,511/mo rent. Return on cash invested shows 30.91% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 162.28% and total cumulative return in cash records $85,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,511/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1946
1.44 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $159,000 |
| 2022-10-21 | Sold | $60,000 |
| 2022-05-02 | Sold | $53,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $2202.00 | 10.21% | $81,600 | -25.34% |
| 2023-05-16 | $1998.00 | 149.44% | $109,300 | 7.68% |
| 2022-05-16 | $801.00 | 17.64% | $101,500 | 24.24% |
Listed by: Trae Dauby • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517850
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.
