3142 Helmsford CtEvansvilleIN47715
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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
Investment Highlights
Investment property for sale in Evansville at 3142 Helmsford Ct, Evansville, IN, 47715 listed at $319,900 pairs $2,681/mo rent with a $1,566/mo payment to leave $760/mo cash flow. Total monthly income runs $2,681/mo, and annual cash flow reaches $9,125/yr on $106,047 cash to close. Return on cash invested measures 28.51% in year one, and rental yield registers 10.06% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 148.76% and total cumulative return in cash totals $157,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,681/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,106 (100%) |
| Owner Occupied HU | 7,008 (46.4%) |
| Renter Occupied HU | 7,082 (46.9%) |
| Vacant Housing Units | 1,016 ( 6.7%) |
| Median Home Value | $218,062 |
| Average Home Value | $246,752 |
Housing Distribution
Address Breakdown
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
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Listed by: Alex Berry • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls ID: #202542322