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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 840 E State St, Princeton, IN, 47670 with 5% annual appreciation on a $185,000 basis while $1,999/mo rent supports operations. Total monthly income totals $1,999/mo and a $905/mo payment preserves $889/mo for cash returns. Annual cash flow comes to $10,668/yr on $61,328 deployed, and return on cash invested reaches 37.3% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 12.97%. Five-year ROI measures 195.85% and total cumulative return in cash totals $120,111.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,999/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
8,276 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 |
|---|---|---|
| 2025-06-10 | Sold | $185,000 |
| 2025-04-24 | Pending sale | $188,500 |
| 2025-01-29 | Listed for sale | $188,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $192.00 | N/A | $9,400 | 46.88% |
| 2023-10-23 | $192.00 | 50.00% | $6,400 | N/A |
| 2022-10-23 | $128.00 | -93.28% | $6,400 | N/A |
Listed by: James Chappell • Mission Real Estate Group Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202502700
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.
