1327 Timberlake RdEvansvilleIN47710
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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 1327 Timberlake Rd, Evansville, IN, 47710 listed at $289,900 pairs $2,103/mo rent with a $1,419/mo payment. Total monthly income runs $2,103/mo. Return on cash invested measures 17.53% in year one, and rental yield registers 8.71% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 92.37% and total cumulative return in cash totals $88,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,103/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
0.38 Acres lot
$N/A/sqft
$547 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Housing Distribution
Address Breakdown
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
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Listed by: Stacy J Stevens • Landmark Realty & Development, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519890
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.