1226 Bowden DrEvansvilleIN47725
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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
Investment Highlights
Investment property for sale in Evansville at 1226 Bowden Dr, Evansville, IN, 47725 earns $623/mo cash flow from $2,688/mo rent with a $1,684/mo payment. Total monthly income totals $2,688/mo, and annual cash flow totals $7,473/yr on $114,036 capital. ROI tracks 26.46% on current figures, and rental yield reads 9.38% at a $344,000 purchase. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $157,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,688/mo property income instead of your personal income.
Single Family
Built in 2008
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,691 (100%) |
| Owner Occupied HU | 7,049 (91.7%) |
| Renter Occupied HU | 355 ( 4.6%) |
| Vacant Housing Units | 287 ( 3.7%) |
| Median Home Value | $291,497 |
| Average Home Value | $339,153 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
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Listed by: Emily Gordon • @properties
Mls Name: IRMLS
Mls ID: #202548059