








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 13 S Thomas Ave, Evansville, IN, 47714 at $158,000 posts ROI 37.17% with $753/mo cash flow from $1,744/mo rent. Total monthly income equals $1,744/mo, and annual cash flow records $9,040/yr on $52,377 to close. Return on cash invested measures 37.17% and rental yield reads 13.25% at the current $158,000. Equity gained on principal adds $1,020/yr, and 5% annual appreciation supports $43,652 by year five. Five-year ROI prints 195.56% and total cumulative return in cash totals $102,430.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 7,947 (50.9%) |
| Renter Occupied HU | 5,921 (37.9%) |
| Vacant Housing Units | 1,757 (11.2%) |
| Median Home Value | $150,643 |
| Average Home Value | $196,114 |
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
Date | Event | Price |
|---|---|---|
| 2025-09-08 | Sold | $158,000 |
| 2025-08-04 | Pending sale | $155,000 |
| 2025-07-18 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1822.14 | -1.13% | $86,200 | 2.74% |
| 2023-10-21 | $1842.96 | 21.77% | $83,900 | -0.59% |
| 2022-10-21 | $1513.44 | 2.32% | $84,400 | 23.94% |



Listed by: Emily Gordon • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528170
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.