








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 2020 Harmony Way, Evansville, IN, 47720 uses $33,150 cash to close to unlock $903/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $758/mo, and a $489/mo payment keeps the spread at $75/mo. Purchase price stands at $100,000, and rental yield measures 9.1% with $758/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash records $39,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $758/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $1825.48 | -9.82% | $200,600 | 2.98% |
| 2023-05-08 | $2024.28 | 2.64% | $194,800 | -0.41% |
| 2022-05-08 | $1972.24 | 11.58% | $195,600 | 7.95% |



Listed by: Wendy Miller • Curran Miller Auction & Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516341
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.