








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 2912 Monroe Ave, Evansville, IN, 47714 earns $851/mo cash flow from $2,052/mo rent with a $979/mo payment. Total monthly income totals $2,052/mo, and annual cash flow totals $10,216/yr on $66,300 capital. ROI tracks 35.32% on current figures, and rental yield reads 12.31% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 185.28% and total cumulative return in cash sums $122,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,052/mo property income instead of your personal income.
Single Family
Built in 1957
7,840 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 |
|---|---|---|
| 2025-08-29 | Sold | $200,000 |
| 2025-07-26 | Pending sale | $209,000 |
| 2025-07-14 | Listed for sale | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $1320.82 | 3.14% | $127,400 | 3.49% |
| 2023-10-18 | $1280.62 | 21.31% | $123,100 | 2.41% |
| 2022-10-18 | $1055.64 | 1.57% | $120,200 | 21.54% |



Listed by: Will Smith • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527262
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.