1622 Fuquay Rd, Evansville, IN, 47715 | $285/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evansville at 1622 Fuquay Rd, Evansville, IN, 47715 listed at $459,900 pairs $3,046/mo rent with a $2,251/mo payment to leave $285/mo cash flow. Total monthly income runs $3,046/mo, and annual cash flow reaches $3,423/yr on $152,457 cash to close. Return on cash invested measures 22.15% in year one, and rental yield registers 7.95% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 114.65% and total cumulative return in cash totals $174,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,046/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1979

0.51 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.

Housing Distribution

Housing Statistics

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