1926 E Powell AveEvansvilleIN47714
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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
Rental property for sale in Evansville at 1926 E Powell Ave, Evansville, IN, 47714 generates $1,599/mo in rent and, after a $882/mo payment, leaves $498/mo in cash flow. Total monthly income is $1,599/mo, and annual cash flow is $5,979/yr on $59,769 invested. Return on cash invested sits at 29.91% in year one, and rental yield is 10.64% on a $180,300 entry. Equity gained on principal adds $1,163/yr, while 5% annual appreciation builds toward $49,814 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash sums $93,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,599/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
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Listed by: N/A • N/A
Mls Name: F.C. Tucker Emge REALTORS
Mls ID: #202523070