








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 Evansville at 100 NW 1st St APT 205, Evansville, IN, 47708 offers a 4.63% rental yield on a $329,900 purchase with $1,274/mo rent. 46% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 32.58% and total cumulative return in cash at $35,631. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$519 monthly HOA
Neighborhood data shown for ZIP Code: 47708, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 86 (12.4%) |
| Renter Occupied HU | 349 (50.1%) |
| Vacant Housing Units | 261 (37.5%) |
| Median Home Value | $263,889 |
| Average Home Value | $301,163 |
Residential
461
Single Family
263
Multi-Family
198
Businesses
508
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $329,900 |
| 1996-08-15 | Sold | $127,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $1605.16 | -1.24% | $155,700 | 3.80% |
| 2023-04-17 | $1625.30 | -1.20% | $150,000 | N/A |
| 2022-04-17 | $1645.12 | -49.42% | $150,000 | N/A |



Listed by: Laureen Ludwig • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512984
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.