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 Princeton at 601 S Prince St, Princeton, IN, 47670 uses $46,377 cash to close to unlock $5,063/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $1,262/mo, and a $685/mo payment keeps the spread at $422/mo. Purchase price stands at $139,900, and rental yield measures 10.82% with $1,262/mo rent. Return on cash invested shows 30.83% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 161.13% and total cumulative return in cash records $74,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,262/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1927
7,405 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 |
|---|---|---|
| 2025-05-14 | Sold | $139,900 |
| 2025-05-08 | Pending sale | $139,900 |
| 2025-05-02 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $710.20 | 21.85% | $84,800 | 6.40% |
| 2023-10-10 | $582.84 | -1.91% | $79,700 | 7.70% |
| 2022-10-10 | $594.18 | 8.15% | $74,000 | 4.96% |
Listed by: Michael W Melton • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515652
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.
