








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 11219 Denzer Rd, Evansville, IN, 47712 offers a 8.75% rental yield on a $259,900 purchase with $1,895/mo rent. Total monthly income registers $1,895/mo, and a $1,272/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,019/yr on $86,157 to close, and return on cash invested stands at 24.57% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 127.61% and total cumulative return in cash at $109,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,895/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.67 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 |
|---|---|---|
| 2025-06-02 | Price change | $259,900 |
| 2025-05-03 | Listed for sale | $260,000 |
| 2013-07-30 | Sold | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $1095.92 | -3.13% | $184,700 | 13.38% |
| 2023-06-03 | $1131.28 | 21.39% | $162,900 | 7.95% |
| 2022-06-03 | $931.92 | 5.01% | $150,900 | 14.23% |



Listed by: Aaron Wilson • Hahn Kiefer Real Estate Services
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520656
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.