2576-2580 Stanley Ct, Evansville, IN, 47711 | $286/mo Cash Flow

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2576-2580 Stanley Ct, Evansville, IN, 47711 | $286/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 2576-2580 Stanley Ct, Evansville, IN, 47711 listed at $159,900 pairs $1,246/mo rent with a $783/mo payment to leave $286/mo cash flow. Total monthly income runs $1,246/mo, and annual cash flow reaches $3,429/yr on $53,007 cash to close. Return on cash invested measures 26.38% in year one, and rental yield registers 9.35% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 137.31% and total cumulative return in cash totals $72,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,246/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1970

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

This brick duplex on a dead end street is a great opportunity to live in one unit and rent the other or rent them both. Each unit features 2 bedrooms, 1 bath, a private driveway and a small storage area. Per Seller, roof is 5 years old. 2580 is currently occupied by a long term renter. Includes: 2 Refrigerators and 2 range/ovens. Excludes: Washer, dryer, TV and mount, Ring doorbell and curtains. Selling AS-IS.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.

Housing Distribution

Housing Statistics

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