Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1315 Schenk Rd, Evansville, IN, 47720 earns $1,602/mo cash flow from $2,724/mo rent with a $842/mo payment. Total monthly income totals $2,724/mo, and annual cash flow totals $19,223/yr on $57,018 capital. ROI tracks 53.62% on current figures, and rental yield reads 19% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 284.06% and total cumulative return in cash sums $161,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,724/mo property income instead of your personal income.
Single Family
Built in 1950
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Sold | $172,000 |
| 2025-05-28 | Pending sale | $190,000 |
| 2025-05-01 | Price change | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2500.36 | 40.10% | $118,500 | 2.95% |
| 2023-10-23 | $1784.72 | 256.63% | $115,100 | 40.71% |
| 2022-10-23 | $500.44 | 0.94% | $81,800 | 7.63% |
Listed by: Troy White • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202418902
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.
