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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1706 Harmony Way, Evansville, IN, 47720 earns $251/mo cash flow from $1,236/mo rent with a $744/mo payment. Total monthly income totals $1,236/mo, and annual cash flow totals $3,008/yr on $50,388 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.76% at a $152,000 purchase. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 over five years. Five-year ROI reaches 135.24% and total cumulative return in cash sums $68,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,236/mo property income instead of your personal income.
Single Family
Built in 1919
8,276 sqft 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $2134.88 | -0.94% | $101,300 | 3.05% |
| 2023-04-21 | $2155.20 | 14.77% | $98,300 | -0.41% |
| 2022-04-21 | $1877.92 | 3.43% | $98,700 | 16.80% |
What's Special
Walk-up
Listed by: Jessica Lutz • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513548
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.
