








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 704 N 7th St, Vincennes, IN, 47591 earns from $900/mo rent with a $685/mo payment. Total monthly income totals $900/mo. ROI tracks 16.27% on current figures, and rental yield reads 7.72% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 85.03% and total cumulative return in cash sums $39,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.
Single Family
Built in 1912
10,454 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $139,900 |
| 2024-09-02 | Listing removed | $160,000 |
| 2024-08-28 | Price change | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $3566.92 | 13.72% | $180,800 | 3.37% |
| 2023-04-01 | $3136.68 | 14.72% | $174,900 | 14.46% |
| 2022-04-01 | $2734.28 | 4.40% | $152,800 | 14.80% |



Listed by: Steve Koleno • Beycome Brokerage Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510375
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.