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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 914 N 9th St, Vincennes, IN, 47591 earns $205/mo cash flow from $894/mo rent with a $562/mo payment. Total monthly income totals $894/mo, and annual cash flow totals $2,456/yr on $38,089 capital. ROI tracks 26.36% on current figures, and rental yield reads 9.34% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 137.21% and total cumulative return in cash sums $52,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $894/mo property income instead of your personal income.
Single Family
Built in 1899
6,534 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 |
|---|---|---|
| 2023-09-06 | Sold | $105,000 |
| 2023-08-07 | Pending sale | $105,000 |
| 2023-08-07 | Price change | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $841.28 | -38.28% | $83,100 | 1.71% |
| 2023-07-16 | $1363.06 | 17.85% | $81,700 | 23.04% |
| 2022-07-16 | $1156.56 | 4.05% | $66,400 | 17.94% |
Listed by: Diana Arnold • ARNOLD REAL ESTATE N
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527479
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.
