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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 Vincennes at 635 Cullop St, Vincennes, IN, 47591 with 5% annual appreciation on a $103,000 basis while $1,420/mo rent supports operations. Total monthly income totals $1,420/mo and a $504/mo payment preserves $795/mo for cash returns. Annual cash flow comes to $9,541/yr on $34,145 deployed, and return on cash invested reaches 47.85% in year one. Equity gained on principal adds $665/yr, and five-year appreciation sums $28,457 alongside rental yield of 16.54%. Five-year ROI measures 252.65% and total cumulative return in cash totals $86,266.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,420/mo property income versus a $504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
6,316 sqft 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 |
|---|---|---|
| 2025-01-31 | Sold | $103,000 |
| 2024-12-09 | Pending sale | $103,900 |
| 2024-12-04 | Price change | $103,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $936.00 | 18.14% | $53,800 | 17.72% |
| 2023-10-23 | $792.28 | 17.60% | $45,700 | 19.01% |
| 2022-10-23 | $673.70 | 84.68% | $38,400 | 17.79% |
Listed by: John L Witshork • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438594
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.
