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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 745 S Magnolia Ave, Princeton, IN, 47670 offers a 9.59% rental yield on a $195,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $954/mo payment leaves $389/mo available for distribution. Annual cash flow reaches $4,666/yr on $64,643 to close, and return on cash invested stands at 27.13% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 141.3% and total cumulative return in cash at $91,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
4,356 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 |
|---|---|---|
| 2024-11-19 | Sold | $195,000 |
| 2024-11-01 | Pending sale | $199,950 |
| 2024-09-30 | Listed for sale | $199,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tim D Mason • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437842
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.
