11316 Bayview Ct, Evansville, IN, 47712 | $81/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

11316 Bayview Ct, Evansville, IN, 47712 | $81/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2465 sft

309 Coronado Dr, Mount Vernon, IN, 47620

Airbnb Potential+ 1 more

2 Bed
2 Bath
1512 sft

5725 Hartman Rd, Mount Vernon, IN, 47620

3 Bed
3 Bath
2240 sft

1116 Tam O Shanter Dr, Mount Vernon, IN, 47620

3 Bed
1 Bath
1344 sft

407 W 4th St, Mount Vernon, IN, 47620

Nearby investment properties with comparable prices

4 Bed
3 Bath
2824 sft

702 Mulberry St, Mount Vernon, IN, 47620

3 Bed
3 Bath
2240 sft

1116 Tam O Shanter Dr, Mount Vernon, IN, 47620

4 Bed
3 Bath
3683 sft

812 Walnut St, Mount Vernon, IN, 47620

3 Bed
2 Bath
1982 sft

2201 Westridge Dr, Mount Vernon, IN, 47620

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Evansville at 11316 Bayview Ct, Evansville, IN, 47712 offers a 7.57% rental yield on a $265,000 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $1,297/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $975/yr on $87,848 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 108.6% and total cumulative return in cash at $95,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 11316 Bayview Ct, a charming 3-bedroom, 2-bath, one-story ranch situated on a serene waterfront lot on Evansvilles West Side. A covered front porch leads into an open layout where the large living room flows into an eat-in kitchen with space for a dining table, an island with bar seating, and stainless steel appliances. The primary bedroom offers an ensuite with a twin-sink vanity and a tiled standing shower, while two additional bedrooms share the second full bath. An updated office with a built-in desk provides exceptional cabinet space, and the remodeled laundry room doubles as a walk-in pantry with even more storage. Enjoy peaceful views of the pond right in your backyard, enhanced by a covered porch and a newly added patioperfect for relaxing or entertaining. Enjoy attic storage, a 1.5-car attached garage, a shed with an animal kennel run, and an extra-wide driveway with room for RV parking. Recent updates include a newer dishwasher (2025), garbage disposal (2025), and garage door opener (2025), new Air Conditioner(2023) along with upgraded HVAC components (2023), gutters (2019), and more.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.

Housing Distribution

Housing Statistics

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