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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 2205 S Walnut Ln, Evansville, IN, 47714 uses $36,465 cash to close to unlock $4,561/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $1,040/mo, and a $538/mo payment keeps the spread at $380/mo. Purchase price stands at $110,000, and rental yield measures 11.35% with $1,040/mo rent. Return on cash invested shows 32.42% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 169.77% and total cumulative return in cash records $61,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,040/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,534 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 |
|---|---|---|
| 2025-04-19 | Listed for sale | $110,000 |
| 1998-08-28 | Sold | $49,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $362.00 | 24.68% | $44,500 | 2.30% |
| 2023-04-22 | $290.34 | 6.92% | $43,500 | -0.23% |
| 2022-04-22 | $271.56 | 3.87% | $43,600 | 10.38% |
Listed by: Amanda Fowler • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513630
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.
