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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 Vincennes at 4869 E Wheatland Rd, Vincennes, IN, 47591 offers $1,368/mo rent that, after a $1,003/mo payment, leaves $138/mo cash flow. Total monthly income is $1,368/mo, and annual cash flow is $1,653/yr on $67,958 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.01% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 115.65% and total cumulative return in cash reaches $78,594. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,368/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.54 Acres 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $205,000 |
| 2022-05-31 | Sold | $159,000 |
| 2022-04-25 | Pending sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $992.28 | 2.72% | $175,700 | 4.21% |
| 2023-03-26 | $966.04 | 11.70% | $168,600 | 12.93% |
| 2022-03-26 | $864.82 | 4.76% | $149,300 | 14.23% |
Listed by: Jan Parsons • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509588
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.
