1505 Westwood Hills DrEvansvilleIN47720
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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 1505 Westwood Hills Dr, Evansville, IN, 47720 earns $344/mo cash flow from $2,293/mo rent with a $1,589/mo payment. Total monthly income totals $2,293/mo, and annual cash flow totals $4,130/yr on $107,638 capital. ROI tracks 23.75% on current figures, and rental yield reads 8.47% at a $324,700 purchase. Equity gained on principal adds $2,095/yr, and 5% annual appreciation supports $89,709 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $132,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,293/mo property income instead of your personal income.
Single Family
Built in 1992
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
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