1041 E Chandler AveEvansvilleIN47714
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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 1041 E Chandler Ave, Evansville, IN, 47714 earns $230/mo cash flow from $1,238/mo rent with a $822/mo payment. Total monthly income totals $1,238/mo, and annual cash flow totals $2,759/yr on $55,655 capital. ROI tracks 24.87% on current figures, and rental yield reads 8.85% at a $167,888 purchase. Equity gained on principal adds $1,083/yr, and 5% annual appreciation supports $46,384 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash sums $71,898. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,238/mo property income instead of your personal income.
Single Family
Built in 1923
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 7,947 (50.9%) |
| Renter Occupied HU | 5,921 (37.9%) |
| Vacant Housing Units | 1,757 (11.2%) |
| Median Home Value | $150,643 |
| Average Home Value | $196,114 |
Housing Distribution
Address Breakdown
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
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Listed by: Kristie A Kirsch • SOLID GOLD REALTY, INC.
Mls Name: IRMLS
Mls ID: #202547834