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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 910 Ridgeway Ave, Vincennes, IN, 47591 offers a 7.37% rental yield on a $146,500 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $717/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $248/yr on $48,565 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $945/yr while 5% annual appreciation supports $40,475 over five years. Portfolio math shows five-year ROI at 105.36% and total cumulative return in cash at $51,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $717/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
4,356 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 |
|---|---|---|
| 2025-05-27 | Listed for sale | $146,500 |
| 2013-01-29 | Sold | $67,000 |
| 2011-11-11 | Listing removed | $66,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $897.64 | 10.63% | $89,700 | 1.01% |
| 2023-05-28 | $811.42 | 27.12% | $88,800 | 9.09% |
| 2022-05-28 | $638.32 | 5.86% | $81,400 | 20.06% |
Listed by: Cathy A Houck • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519577
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.
