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 611 S Cathy Dr, Princeton, IN, 47670 with 5% annual appreciation on a $292,000 basis while $2,264/mo rent supports operations. Total monthly income totals $2,264/mo and a $1,429/mo payment preserves $511/mo for cash returns. Annual cash flow comes to $6,136/yr on $96,798 deployed, and return on cash invested reaches 26.25% in year one. Equity gained on principal adds $1,884/yr, and five-year appreciation sums $80,674 alongside rental yield of 9.3%. Five-year ROI measures 136.61% and total cumulative return in cash totals $132,236.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,264/mo property income versus a $1,429/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.27 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $292,000 |
| 2022-02-14 | Sold | $249,950 |
| 2022-01-19 | Pending sale | $249,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mindy Word • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519433
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.
