








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 912 Broadway St, Vincennes, IN, 47591 uses $38,089 cash to close to unlock $1,688/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $896/mo, and a $562/mo payment keeps the spread at $141/mo. Purchase price stands at $114,900, and rental yield measures 9.36% with $896/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 127.13% and total cumulative return in cash records $48,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $896/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1924
4,181 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $114,900 |
| 2016-02-25 | Sold | $47,000 |
| 2015-11-16 | Price change | $52,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-04 | $1745.72 | 11.72% | $91,100 | 6.43% |
| 2023-07-04 | $1562.64 | 173.49% | $85,600 | 12.34% |
| 2022-07-04 | $571.36 | 12.64% | $76,200 | 23.10% |



Listed by: Beth A Meeks • Meeks Real Estate Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525649
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.