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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 2615 Buchanan Rd, Evansville, IN, 47720 earns from $2,356/mo rent with a $2,031/mo payment. Total monthly income totals $2,356/mo. ROI tracks 18.73% on current figures, and rental yield reads 6.81% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 96.31% and total cumulative return in cash sums $132,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,356/mo property income instead of your personal income.
Single Family
Built in 1945
4.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
| 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 |
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
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: Miranda Molinet • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls ID: #202539158
