329 Taylor AveEvansvilleIN47713
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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 329 Taylor Ave, Evansville, IN, 47713 offers $930/mo rent that, after a $1,226/mo payment. Total monthly income is $930/mo. Return on cash invested measures 11.62% in year one, and rental yield stands at 4.46% at a $250,500 entry. Equity gained on principal adds $1,616/yr while 5% annual appreciation compounds into $69,209 by year five. Five-year ROI records 58.18% and total cumulative return in cash reaches $48,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $930/mo property income versus a $1,226/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Charles L Butler • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513189
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.