904 S Virgil Blvd, Princeton, IN, 47670 | $281/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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904 S Virgil Blvd, Princeton, IN, 47670 | $281/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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1117 S Virgil Blvd, Princeton, IN, 47670

$ 179,900

ROI

Cash Flow/m

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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

Investment property for sale in Princeton at 904 S Virgil Blvd, Princeton, IN, 47670 earns $281/mo cash flow from $1,361/mo rent with a $881/mo payment. Total monthly income totals $1,361/mo, and annual cash flow totals $3,367/yr on $59,637 capital. ROI tracks 25.56% on current figures, and rental yield reads 9.08% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash sums $79,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.

Single Family

Built in 1960

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This spacious property boasts nearly 2,000 square feet between the main level and walk-out basement, offering a perfect blend of comfort and functionality. Step inside to discover a delightful open floor plan where the dining area, fully applianced kitchen, and living room seamlessly connect, creating an inviting space for family gatherings and entertaining guests. The main level features three generously sized bedrooms, ideal for rest and relaxation, along with a stunning full bathroom that was fully updated in 2016, providing modern amenities and style. But the true gem of this home is the walkout basement, providing an abundance of additional living space ready for your personal touch. This versatile area could include a nice office space with built-ins, a spacious second living room, a kitchenette, laundry facilities, a secondary bathroom, and a fourth bedroomall complemented by massive closet and storage spaces to keep your home organized and clutter-free. As an added bonus the foundation was wrapped in 2013 to help prevent water from ever getting in. Outside, the expansive lot offers endless possibilities, including a large storage building perfect for lawn equipment, a workshop, or any hobby you may have. Enjoy the fresh air from your deck, which leads to a sunroom that can easily be finished out for even more living spaceimagine the potential! Dont miss your chance to transform this house into your perfect home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.

Housing Distribution

Housing Statistics

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