1207 Culver Dr, Evansville, IN, 47713 | 5.46% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evansville at 1207 Culver Dr, Evansville, IN, 47713 offers a 5.46% rental yield on a $265,000 purchase with $1,206/mo rent. 65% 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 74.45% and total cumulative return in cash at $65,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,206/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 2024

5,662 sqft lot

$N/A/sqft

No HOA