869 E Vincennes St, Linton, IN, 47441 | $307/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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869 E Vincennes St, Linton, IN, 47441 | $307/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Linton at 869 E Vincennes St, Linton, IN, 47441 generates $1,327/mo in rent and, after a $832/mo payment, leaves $307/mo in cash flow. Total monthly income is $1,327/mo, and annual cash flow is $3,680/yr on $56,322 invested. Return on cash invested sits at 26.44% in year one, and rental yield is 9.37% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.66% and total cumulative return in cash sums $77,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.

Single Family

Built in 1925

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious 2 Bedroom, 2 Bath with over 1300 square feet. Large Kitchen has solid wood cabinets and space for a kitchen table. The primary bedroom has a large attached bath and walk-in closet. Outside there is a covered front porch and covered back deck. Also included is the carport with a shed area.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47441, Linton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,152 (100%)
Owner Occupied HU	2,723 (65.6%)
Renter Occupied HU	1,042 (25.1%)
Vacant Housing Units	387 ( 9.3%)
Median Home Value	$129,342
Average Home Value	$176,239