2726 W Franklin St, Evansville, IN, 47712 | $199/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2726 W Franklin St, Evansville, IN, 47712 | $199/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 2726 W Franklin St, Evansville, IN, 47712 listed at $219,900 pairs $1,519/mo rent with a $1,076/mo payment to leave $199/mo cash flow. Total monthly income runs $1,519/mo, and annual cash flow reaches $2,391/yr on $72,897 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 8.29% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 120.22% and total cumulative return in cash totals $87,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,519/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1910

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home to This Beautifully Updated West Side Bungalow! The home greets you with a freshly painted faade and classic bungalow charm, highlighted by a welcoming front porch with wood beams. The updated roof, new windows, and freshly landscaped yard give it a perfect blend of modern updates and timeless curb appeal. Step inside to an open-concept living room filled with natural light from large, energy-efficient windows. Refinished hardwood floors flow throughout the main living areas, while fresh, neutral paint tones create a warm and inviting atmosphere. At the heart of the home, the completely remodeled gourmet kitchen impresses with new cabinetry, quartz & butcher block countertops, and stainless steel appliances including a range, vent hood, dishwasher, and refrigerator. A spacious island with seating provides the perfect spot for casual dining or entertaining. Subtle backsplash tile and modern lighting add just the right finishing touches. Adjacent to the kitchen, the formal dining room offers an ideal space for family meals or hosting guests. Generously sized to accommodate a full dining set, its accented by a contemporary chandelier and ample wall space for artwork or dcor.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,417 (100%)
Owner Occupied HU	6,822 (59.8%)
Renter Occupied HU	3,381 (29.6%)
Vacant Housing Units	1,214 (10.6%)
Median Home Value	$224,192
Average Home Value	$254,495