3406 Hartmetz AveEvansvilleIN47712
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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
Investment property for sale in Evansville at 3406 Hartmetz Ave, Evansville, IN, 47712 earns $44/mo cash flow from $940/mo rent with a $731/mo payment. Total monthly income totals $940/mo, and annual cash flow totals $523/yr on $49,476 capital. ROI tracks 20.97% on current figures, and rental yield reads 7.56% at a $149,250 purchase. Equity gained on principal adds $963/yr, and 5% annual appreciation supports $41,235 over five years. Five-year ROI reaches 108.32% and total cumulative return in cash sums $53,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $940/mo property income instead of your personal income.
Single Family
Built in 1945
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Housing Distribution
Address Breakdown
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
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Listed by: Bailee Perry-Edmond • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523977
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.