2415 Harmony Way, Evansville, IN, 47720 | $265/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2415 Harmony Way, Evansville, IN, 47720 | $265/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evansville at 2415 Harmony Way, Evansville, IN, 47720 uses $106,047 cash to close to unlock $3,185/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,186/mo, and a $1,566/mo payment keeps the spread at $265/mo. Purchase price stands at $319,900, and rental yield measures 8.2% with $2,186/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 118.73% and total cumulative return in cash records $125,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $1,566/mo payment rather than investor’s personal income.

Single Family

Built in 1900

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Westside Beauty Fully Remodeled & Move-In Ready! Welcome to this stunning, total remodel on Evansvilles desirable Westside! This 3-bedroom, 2-full bathroom home perfectly blends modern updates with classic character and thoughtful design. Enjoy a spacious living room featuring a cozy electric fireplace, perfect for relaxing or entertaining. The open kitchen flows into a formal dining room, creating the ideal space for gatherings and everyday living. The layout offers two bedrooms on the main level, including a private master suite with en-suite bathroom. Upstairs, youll find the third bedroom and a large bonus areaideal for a home office, guest room, or playroom. Outdoor living shines with both a front and back porch, a deck for entertaining, and a picket-fenced yard offering privacy and charm. A separate laundry room adds convenience to this move-in ready home. This Westside gem has it allspace, style, and location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.

Housing Distribution

Housing Statistics

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