4312 Longfield DrEvansvilleIN47710
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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 4312 Longfield Dr, Evansville, IN, 47710 priced at $214,599 converts $1,217/mo rent into after a $1,050/mo obligation. Total monthly income equals $1,217/mo. Return on cash invested prints 17.1% in year one, and rental yield reads 6.81% against a $214,599 entry. Equity gained on principal adds $1,385/yr, while 5% annual appreciation compiles into $59,290 by year five. Five-year ROI reaches 88.16% and total cumulative return in cash sums $62,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,217/mo property income covering a $1,050/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Housing Distribution
Address Breakdown
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
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Listed by: Kelsey Rolley • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511132
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.