960 N Quail Ridge Cir, Vincennes, IN, 47591 | $908/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

960 N Quail Ridge Cir, Vincennes, IN, 47591 | $908/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1908 sft

8372 State Route 1, Lawrenceville, IL, 62439

3 Bed
3 Bath
2839 sft

530 N Cherry St, Mount Carmel, IL, 62863

5 Bed
4 Bath
- sft

430 Chestnut St, Mount Carmel, IL, 62863

3 Bed
2 Bath
1740 sft

12 Vicki Dr, Vincennes, IN, 47591

Nearby investment properties with comparable prices

3 Bed
2 Bath
1751 sft

209 Beech St, Vincennes, IN, 47591

4 Bed
4 Bath
2834 sft

1013 Busseron St, Vincennes, IN, 47591

3 Bed
3 Bath
2246 sft

1507 Burnett Ln, Vincennes, IN, 47591

3 Bed
2 Bath
1736 sft

2706 Raney Dr, Vincennes, IN, 47591

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Vincennes at 960 N Quail Ridge Cir, Vincennes, IN, 47591 generates $2,588/mo in rent and, after a $1,370/mo payment, leaves $908/mo in cash flow. Total monthly income is $2,588/mo, and annual cash flow is $10,893/yr on $92,787 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 11.1% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 165.56% and total cumulative return in cash sums $153,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,588/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

0.73 Acres lot

$N/A/sqft

No HOA

More details about the property

HIGHLY DESIRABLE NEIGHBORHOOD!! Interior features include brand new sliding glass deck door, LVP flooring throughout the main level, open dining & living area with cathedral ceiling, stainless steel kitchen appliances, primary bedroom suite with step-in shower, jetted tub, and walk-in closet; a family room and flex room on the lower level, along with a laundry closet. Exterior features include an open rear deck, spacious back yard, and a lengthy driveway to accommodate multiple parked cars.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47591, Vincennes, IN area.

Housing Distribution

Housing Statistics

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