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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 211 E Mill Rd, Evansville, IN, 47711 with 5% annual appreciation on a $209,900 basis while $1,699/mo rent supports operations. Total monthly income totals $1,699/mo and a $1,027/mo payment preserves $439/mo for cash returns. Annual cash flow comes to $5,272/yr on $69,582 deployed, and return on cash invested reaches 27.49% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 9.71%. Five-year ROI measures 143.27% and total cumulative return in cash totals $99,692.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,699/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,101 (100%) |
| Owner Occupied HU | 9,728 (69.0%) |
| Renter Occupied HU | 3,243 (23.0%) |
| Vacant Housing Units | 1,130 ( 8.0%) |
| Median Home Value | $186,195 |
| Average Home Value | $202,916 |
Residential
13,613
Single Family
13,451
Multi-Family
162
Businesses
915
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Deanne S Naas • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202530125
