915 E Kentucky St, Princeton, IN, 47670 | $183/mo Cash Flow

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915 E Kentucky St, Princeton, IN, 47670 | $183/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Princeton at 915 E Kentucky St, Princeton, IN, 47670 listed at $175,000 pairs $1,234/mo rent with a $857/mo payment to leave $183/mo cash flow. Total monthly income runs $1,234/mo, and annual cash flow reaches $2,196/yr on $58,013 cash to close. Return on cash invested measures 23.7% in year one, and rental yield registers 8.46% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 122.99% and total cumulative return in cash totals $71,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,234/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2003

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Well-maintained 3 bed, 2 bath manufactured home offering 1,120 square feet of functional living space. Built in 2003, this home features an open-concept layout connecting the living, dining, and kitchen areasperfect for everyday living and entertaining. The split bedroom design includes a primary suite with a private full bath, plus two additional bedrooms and a second full remodeled bathroom. Outside, enjoy a manageable yard with room for outdoor relaxation or gardening. Conveniently located near schools, shopping, and restaurants in the heart of Princeton. Ideal for first-time buyers, downsizers, or investors seeking move-in ready value.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.

Housing Distribution

Housing Statistics

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