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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% |
Rental property for sale in Evansville at 2105 E Walnut St, Evansville, IN, 47714 generates $1,826/mo in rent and, after a $1,223/mo payment, leaves $326/mo in cash flow. Total monthly income is $1,826/mo, and annual cash flow is $3,912/yr on $82,842 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 8.77% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 127.98% and total cumulative return in cash sums $106,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
8,624 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $249,900 |
| 2022-06-06 | Sold | $226,000 |
| 2022-05-10 | Pending sale | $208,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $1942.56 | 8.12% | $183,200 | 3.27% |
| 2023-06-30 | $1796.64 | 32.65% | $177,400 | 7.00% |
| 2022-06-30 | $1354.40 | 1.46% | $165,800 | 33.07% |
Listed by: Rebecca M Demastus • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524814
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.
