3809 Debbie Ln, Evansville, IN, 47711 | $817/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3809 Debbie Ln, Evansville, IN, 47711 | $817/mo Cash Flow | Ziffy

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Evansville at 3809 Debbie Ln, Evansville, IN, 47711 offers $2,152/mo rent that, after a $1,079/mo payment, leaves $817/mo cash flow. Total monthly income is $2,152/mo, and annual cash flow is $9,804/yr on $73,096 cash. Return on cash invested measures 33.32% in year one, and rental yield stands at 11.71% at a $220,500 entry. Equity gained on principal adds $1,423/yr while 5% annual appreciation compounds into $60,920 by year five. Five-year ROI records 174.64% and total cumulative return in cash reaches $127,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,152/mo property income versus a $1,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1967

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

This updated bi-level home has a front porch that spans the length of the house and welcomes you as you approach the two-car garage. The spacious two car garage includes not only space for vehicles but ample room for tools, work bench, and storage as well. Inside, new walls flank the stairs leading to the upper level guiding you through a welcoming dining room to a beautifully remodeled kitchen. Through the kitchen and back door, relax on the updated deck. The upper level includes two bedrooms and a full bathroom.Descending the new stairs and handrail to the main level, you'll find a spacious living area, another bedroom, and a full bathroom. This level also provides garage access, a mud area, and laundry facilities. Electrical box has been updated, and don't forget about more storage in the shed in the backyard. $1500 Flooring allowance offered by the sellers.

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