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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 1827 Glen Moor Rd, Evansville, IN, 47715 listed at $259,900 pairs $2,238/mo rent with a $1,272/mo payment to leave $678/mo cash flow. Total monthly income runs $2,238/mo, and annual cash flow reaches $8,135/yr on $86,157 cash to close. Return on cash invested measures 29.35% in year one, and rental yield registers 10.33% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 153.21% and total cumulative return in cash totals $131,998. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.26 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 |
|---|---|---|
| 2025-08-23 | Listed for sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $1703.48 | -4.80% | $185,500 | 1.26% |
| 2023-08-25 | $1789.30 | 22.86% | $183,200 | 4.21% |
| 2022-08-25 | $1456.40 | -54.34% | $175,800 | 22.42% |
Listed by: Roy E Whetstine • Comfort Homes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533839
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.
