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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% |
Investment property for sale in Evansville at 3200 Mockingbird Ln, Evansville, IN, 47710 listed at $310,000 pairs $2,059/mo rent with a $1,517/mo payment to leave $198/mo cash flow. Total monthly income runs $2,059/mo, and annual cash flow reaches $2,381/yr on $102,765 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 7.97% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 115.05% and total cumulative return in cash totals $118,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,059/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Sold | $310,000 |
| 2025-05-30 | Pending sale | $299,900 |
| 2025-05-19 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1927.54 | 3.10% | $175,900 | 3.11% |
| 2023-11-01 | $1869.60 | 27.95% | $170,600 | -0.41% |
| 2022-11-01 | $1461.20 | 2.04% | $171,300 | 28.31% |
Listed by: Brandy Smitha • Mission Real Estate Group Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518345
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.
