320 Harrison BlvdEvansvilleIN47714
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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
Rental property for sale in Evansville at 320 Harrison Blvd, Evansville, IN, 47714 priced at $211,900 pairs $1,680/mo rent with $408/mo cash flow after a $1,037/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $4,898/yr on $70,245 invested. Return on cash invested is 26.88% in year one, and rental yield stands at 9.51% on a $211,900 basis. Equity gained on principal adds $1,367/yr, and 5% annual appreciation accumulates to $58,544 by year five. Five-year ROI measures 140.06% and total cumulative return in cash reaches $98,388. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,037/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
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Listed by: Bryan Speer • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202535314