








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 1501 Audubon Ct, Evansville, IN, 47715 earns $1,787/mo cash flow from $4,338/mo rent with a $2,080/mo payment. Total monthly income totals $4,338/mo, and annual cash flow totals $21,444/yr on $140,888 capital. ROI tracks 35.13% on current figures, and rental yield reads 12.25% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 184.21% and total cumulative return in cash sums $259,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,338/mo property income instead of your personal income.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,106 (100%) |
| Owner Occupied HU | 7,008 (46.4%) |
| Renter Occupied HU | 7,082 (46.9%) |
| Vacant Housing Units | 1,016 ( 6.7%) |
| Median Home Value | $218,062 |
| Average Home Value | $246,752 |
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Philip R Hooper • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls ID: #202538411