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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 903 Broadway St, Vincennes, IN, 47591 earns $1,020/mo cash flow from $2,231/mo rent with a $695/mo payment. Total monthly income totals $2,231/mo, and annual cash flow totals $12,237/yr on $47,073 capital. ROI tracks 45.9% on current figures, and rental yield reads 18.85% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 245.34% and total cumulative return in cash sums $115,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,231/mo property income instead of your personal income.
Single Family
Built in 1881
5,009 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 |
|---|---|---|
| 2025-10-17 | Sold | $142,000 |
| 2025-09-19 | Pending sale | $159,900 |
| 2025-09-08 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $5486.12 | 0.56% | $184,400 | 2.16% |
| 2023-10-27 | $5455.36 | 9.24% | $180,500 | 1.01% |
| 2022-10-27 | $4993.78 | 0.11% | $178,700 | 9.30% |
Listed by: Heath Klein • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529222
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.
