10100 Hillview DrEvansvilleIN47720
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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
Investment Highlights
Investment property for sale in Evansville at 10100 Hillview Dr, Evansville, IN, 47720 uses $86,190 cash to close to unlock $2,842/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,273/mo payment keeps the spread at $237/mo. Purchase price stands at $260,000, and rental yield measures 8.3% with $1,798/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 120.27% and total cumulative return in cash records $103,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1989
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
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Listed by: Tammy L Wargel • @properties
Mls Name: IRMLS
Mls ID: #202548186