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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 1904 S Kerth Ave, Evansville, IN, 47714 at $145,000 posts ROI 18.99% with from $834/mo rent. Total monthly income equals $834/mo. Return on cash invested measures 18.99% and rental yield reads 6.9% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 97.75% and total cumulative return in cash totals $46,988. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 7,947 (50.9%) |
| Renter Occupied HU | 5,921 (37.9%) |
| Vacant Housing Units | 1,757 (11.2%) |
| Median Home Value | $150,643 |
| Average Home Value | $196,114 |
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $145,000 |
| 2025-04-13 | Listing removed | $1,300 |
| 2025-04-12 | Listed for rent | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $427.84 | N/A | $20,300 | -40.64% |
| 2023-04-29 | N/A | N/A | $34,200 | -0.87% |
| 2022-04-29 | N/A | N/A | $34,500 | 21.48% |
Listed by: Mitch Isbell • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514690
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.
