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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% |
Rental property for sale in Evansville at 2915 Dexter Ct, Evansville, IN, 47714 priced at $112,000 converts $2,036/mo rent into $1,146/mo cash flow after a $548/mo obligation. Total monthly income equals $2,036/mo, and annual cash flow totals $13,750/yr on $37,128 invested. Return on cash invested prints 56.94% in year one, and rental yield reads 21.81% against a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation compiles into $30,944 by year five. Five-year ROI reaches 303.73% and total cumulative return in cash sums $112,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,036/mo property income covering a $548/mo payment, not borrower’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$218 monthly 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 |
|---|---|---|
| 2025-02-14 | Sold | $112,000 |
| 2025-01-14 | Pending sale | $112,000 |
| 2024-10-14 | Price change | $112,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sherry S Hancock • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435871
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.
