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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Evansville at 4318 Chadwick Rd, Evansville, IN, 47710 offers a 10.13% rental yield on a $172,500 purchase with $1,456/mo rent. Total monthly income registers $1,456/mo, and a $844/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,050/yr on $57,184 to close, and return on cash invested stands at 28.74% in year one. Equity gained on principal adds $1,113/yr while 5% annual appreciation supports $47,659 over five years. Portfolio math shows five-year ROI at 149.96% and total cumulative return in cash at $85,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,456/mo property income against a $844/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
| 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 |
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Kermode • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202544974
