1303 E Indiana StEvansvilleIN47711
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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 1303 E Indiana St, Evansville, IN, 47711 listed at $250,500 pairs $1,128/mo rent with a $1,226/mo payment. Total monthly income runs $1,128/mo. Return on cash invested measures 14.48% in year one, and rental yield registers 5.4% at a $250,500 basis. Equity gained on principal adds $1,616/yr, and annual property appreciation at 5% supports $69,209 by year five. Five-year ROI tracks 73.51% and total cumulative return in cash totals $61,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,128/mo property income relative to a $1,226/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1919
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,101 (100%) |
| Owner Occupied HU | 9,728 (69.0%) |
| Renter Occupied HU | 3,243 (23.0%) |
| Vacant Housing Units | 1,130 ( 8.0%) |
| Median Home Value | $186,195 |
| Average Home Value | $202,916 |
Housing Distribution
Address Breakdown
Residential
13,613
Single Family
13,451
Multi-Family
162
Businesses
915
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Listed by: Charles L Butler • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513188
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