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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 620 S 1st St, Princeton, IN, 47670 at $265,000 posts ROI 28.41% with $622/mo cash flow from $2,213/mo rent. Total monthly income equals $2,213/mo, and annual cash flow records $7,467/yr on $87,848 to close. Return on cash invested measures 28.41% and rental yield reads 10.02% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 148.22% and total cumulative return in cash totals $130,203.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.44 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 |
|---|---|---|
| 2024-11-18 | Sold | $265,000 |
| 2024-10-20 | Pending sale | $269,500 |
| 2024-10-09 | Price change | $269,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1598.00 | 6.89% | $165,800 | 3.75% |
| 2023-10-23 | $1495.00 | 9.93% | $159,800 | 6.89% |
| 2022-10-23 | $1360.00 | 12.12% | $149,500 | 9.93% |
Listed by: Cookie D Edwards • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436035
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.
