3425 Canyon DrEvansvilleIN47711
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Nearby investment properties with comparable prices
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 3425 Canyon Dr, Evansville, IN, 47711 priced at $332,700 pairs $2,606/mo rent with $609/mo cash flow after a $1,628/mo payment. Total monthly income equals $2,606/mo, and annual cash flow comes to $7,311/yr on $110,290 invested. Return on cash invested is 26.54% in year one, and rental yield stands at 9.4% on a $332,700 basis. Equity gained on principal adds $2,147/yr, and 5% annual appreciation accumulates to $91,919 by year five. Five-year ROI measures 138.17% and total cumulative return in cash reaches $152,382. For financing, Ziffy Mortgage’s DSCR program evaluates $2,606/mo property income against a $1,628/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,101 (100%) |
| Owner Occupied HU | 9,728 (69.0%) |
| Renter Occupied HU | 3,243 (23.0%) |
| Vacant Housing Units | 1,130 ( 8.0%) |
| Median Home Value | $186,195 |
| Average Home Value | $202,916 |
Housing Distribution
Address Breakdown
Residential
13,613
Single Family
13,451
Multi-Family
162
Businesses
915
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Listed by: N/A • N/A
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