3314 E Chandler Ave, Evansville, IN, 47714 | $437/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3314 E Chandler Ave, Evansville, IN, 47714 | $437/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
2544 sft

2705 Hauschild Dr LOT 55, Evansville, IN, 47712

4 Bed
3 Bath
2562 sft

2704 Marycrest Dr, Evansville, IN, 47712

4 Bed
3 Bath
2562 sft

2704 Marycrest Dr LOT 72, Evansville, IN, 47712

4 Bed
3 Bath
2151 sft

2715 Hauschild Dr LOT 57, Evansville, IN, 47712

Nearby investment properties with comparable prices

3 Bed
3 Bath
3828 sft

1402 SE 1st St, Evansville, IN, 47713

3 Bed
2 Bath
1540 sft

1354 Burchwood Ct, Henderson, KY, 42420

4 Bed
3 Bath
2040 sft

1101 Judson St, Evansville, IN, 47713

3 Bed
2 Bath
1280 sft

233 Hackberry Dr, Henderson, KY, 42420

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Evansville at 3314 E Chandler Ave, Evansville, IN, 47714 offers a 9.41% rental yield on a $237,500 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,162/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,241/yr on $78,731 to close, and return on cash invested stands at 26.57% in year one. Equity gained on principal adds $1,533/yr while 5% annual appreciation supports $65,617 over five years. Portfolio math shows five-year ROI at 138.3% and total cumulative return in cash at $108,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1945

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Eastside Bungalow Near St. Marys! Dont miss this adorable and well-maintained 2-bedroom, 2-bath home located in a prime Eastside locationjust minutes from St. Marys Hospital, shopping, restaurants, and Vann Park. This little charmer features a galley-style kitchen with updated cabinetry, quartz countertops, and classic black-and-white tile flooring. The open-concept living and dining area showcases original hardwood floors, a cozy fireplace, and French doors leading to a peaceful screened-in porch. Both bedrooms also feature original hardwoods, adding timeless character. The full basement offers great versatility with laundry, ample storage, a second full bath, and a complete home theater systemHD projector, screen, and surround sound included! Additional highlights include ceramic tile in the main bath, newer storm windows, and all major kitchen appliances, plus washer and dryer, are included. Bonus feature: A spacious 24 x 30 detached garageperfect for extra storage, a workshop, or hobby space. Exclusions: Security cameras, garage freezer, and basement freezer. Put this one on your must-see listit's full of charm and value!

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