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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 906 E Broadway St, Princeton, IN, 47670 listed at $129,900 pairs $985/mo rent with a $636/mo payment to leave $189/mo cash flow. Total monthly income runs $985/mo, and annual cash flow reaches $2,268/yr on $43,062 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 9.1% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 130.96% and total cumulative return in cash totals $56,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $985/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
3,920 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 |
|---|---|---|
| 2025-03-22 | Listed for sale | $129,900 |
| 2024-01-19 | Sold | $81,900 |
| 2023-12-16 | Pending sale | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-25 | $1270.00 | 30.66% | $68,500 | 7.87% |
| 2022-03-25 | $972.00 | 7.28% | $63,500 | 30.66% |
| 2021-03-25 | $906.00 | 3.42% | $48,600 | 7.28% |
Listed by: Mitch Isbell • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509445
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.
