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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 10522 Saint Wendel Rd, Evansville, IN, 47720 offers a 11.64% rental yield on a $149,900 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $734/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,727/yr on $49,692 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 165.15% and total cumulative return in cash at $82,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
| 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 |
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $2163.20 | 342.92% | $98,800 | -0.80% |
| 2023-05-23 | $488.40 | 14.18% | $99,600 | -4.60% |
| 2022-05-23 | $427.76 | 3.90% | $104,400 | 6.86% |
Listed by: Todd Schaus • PROPERTY EXPERTS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518999
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.
