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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 12909 Mattison Ct, Evansville, IN, 47725 listed at $285,000 pairs $1,928/mo rent with a $1,395/mo payment to leave $217/mo cash flow. Total monthly income runs $1,928/mo, and annual cash flow reaches $2,605/yr on $94,478 cash to close. Return on cash invested measures 22.67% in year one, and rental yield registers 8.12% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 117.42% and total cumulative return in cash totals $110,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,928/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
| 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 |
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $285,000 |
| 2016-04-15 | Sold | $174,900 |
| 2016-03-18 | Listed for sale | $174,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-26 | N/A | N/A | $249,300 | 14.67% |
| 2022-04-26 | $2228.48 | N/A | $217,400 | N/A |
Listed by: Brandon Stewart • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514453
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.
