








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 3213 Sheridan Rd, Evansville, IN, 47710 earns $770/mo cash flow from $1,740/mo rent with a $783/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $9,238/yr on $53,040 capital. ROI tracks 37.33% on current figures, and rental yield reads 13.05% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 196.09% and total cumulative return in cash sums $104,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 1954
10,018 sqft 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 |
|---|---|---|
| 2025-07-18 | Sold | $160,000 |
| 2025-06-22 | Pending sale | $164,900 |
| 2025-06-17 | Price change | $164,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $1445.64 | 25.09% | $125,200 | -2.64% |
| 2023-10-11 | $1155.64 | 32.35% | $128,600 | 17.44% |
| 2022-10-11 | $873.14 | 8.45% | $109,500 | 29.28% |



Listed by: Michael W Melton • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520905
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.