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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 3207 E Chandler Ave, Evansville, IN, 47714 at $247,500 posts ROI 24.07% with $285/mo cash flow from $1,770/mo rent. Total monthly income equals $1,770/mo, and annual cash flow records $3,416/yr on $82,046 to close. Return on cash invested measures 24.07% and rental yield reads 8.58% at the current $247,500. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 by year five. Five-year ROI prints 124.93% and total cumulative return in cash totals $102,497.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,770/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
8,276 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 |
|---|---|---|
| 2024-12-23 | Sold | $247,500 |
| 2024-12-07 | Pending sale | $249,999 |
| 2024-09-28 | Listed for sale | $249,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1879.80 | 15.57% | $180,300 | 3.09% |
| 2023-10-23 | $1626.52 | 23.64% | $174,900 | 16.14% |
| 2022-10-23 | $1315.48 | 1.82% | $150,600 | 24.26% |
Listed by: Susan B Flick • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437677
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.
