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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% |
Rental property for sale in Princeton at 908 S Seminary St, Princeton, IN, 47670 priced at $195,000 converts $1,280/mo rent into $110/mo cash flow after a $954/mo obligation. Total monthly income equals $1,280/mo, and annual cash flow totals $1,318/yr on $64,643 invested. Return on cash invested prints 21.95% in year one, and rental yield reads 7.88% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 113.53% and total cumulative return in cash sums $73,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,280/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1897
6,969 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $195,000 |
| 2024-01-30 | Sold | $20,000 |
| 2024-01-16 | Pending sale | $20,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | N/A | N/A | $24,800 | -75.59% |
| 2023-04-12 | N/A | N/A | $101,600 | 7.74% |
| 2022-04-12 | N/A | N/A | $94,300 | 26.92% |
Listed by: James Chappell • Mission Real Estate Group Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512275
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.
