4315 Ogden 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 4315 Ogden Ave, Evansville, IN, 47712 uses $36,465 cash to close to unlock $3,601/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $960/mo, and a $538/mo payment keeps the spread at $300/mo. Purchase price stands at $110,000, and rental yield measures 10.47% with $960/mo rent. Return on cash invested shows 29.78% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 155.69% and total cumulative return in cash records $56,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,712 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: Doug Howie • eXp Realty, LLC
Mls Name: IRMLS
Mls ID: #202601236