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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 11101 High Point Dr, Evansville, IN, 47712 uses $152,490 cash to close to unlock $6,854/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $3,332/mo, and a $2,251/mo payment keeps the spread at $571/mo. Purchase price stands at $460,000, and rental yield measures 8.69% with $3,332/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 126.72% and total cumulative return in cash records $193,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,332/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Sold | $460,000 |
| 2025-05-16 | Pending sale | $460,000 |
| 2025-05-14 | Listed for sale | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $2860.64 | 2.38% | $389,000 | 16.85% |
| 2023-10-25 | $2794.18 | 18.54% | $332,900 | 7.01% |
| 2022-10-25 | $2357.24 | 1.05% | $311,100 | 15.61% |
What's Special
Pull Down Stairs
Listed by: Theresa Catanese • Catanese Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517510
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.
