1830 Montview DrEvansvilleIN47725
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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 1830 Montview Dr, Evansville, IN, 47725 offers a 6.99% rental yield on a $534,900 purchase with $3,116/mo rent. 41% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,783 over five years. Portfolio math shows five-year ROI at 99.93% and total cumulative return in cash at $175,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,116/mo property income against a $2,618/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,691 (100%) |
| Owner Occupied HU | 7,049 (91.7%) |
| Renter Occupied HU | 355 ( 4.6%) |
| Vacant Housing Units | 287 ( 3.7%) |
| Median Home Value | $291,497 |
| Average Home Value | $339,153 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
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Listed by: Mike R Reeder • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202537576