1906 S Evans AveEvansvilleIN47713
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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 1906 S Evans Ave, Evansville, IN, 47713 with 5% annual appreciation on a $130,000 basis while $1,499/mo rent supports operations. Total monthly income totals $1,499/mo and a $636/mo payment preserves $719/mo for cash returns. Annual cash flow comes to $8,627/yr on $43,095 deployed, and return on cash invested reaches 39.93% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 13.84%. Five-year ROI measures 209.93% and total cumulative return in cash totals $90,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,499/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.49 Acres lot
$N/A/sqft
No HOA
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Listed by: Jonathan R Baker • BAKER AUCTION & REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506042
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