4410 Stringtown Rd, Evansville, IN, 47711 | $612/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4410 Stringtown Rd, Evansville, IN, 47711 | $612/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Evansville at 4410 Stringtown Rd, Evansville, IN, 47711 earns $612/mo cash flow from $1,620/mo rent with a $822/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $7,343/yr on $55,659 capital. ROI tracks 33.1% on current figures, and rental yield reads 11.58% at a $167,900 purchase. Equity gained on principal adds $1,083/yr, and 5% annual appreciation supports $46,388 over five years. Five-year ROI reaches 173.34% and total cumulative return in cash sums $96,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.

Single Family

Built in 1920

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4410 Stringtown Road and this 1.5 story home with 3 bedroom 1.5 baths. Conveniently located on the Northside of Evansville on a half acre lot. The charming front porch will invite you in, and the architectural features and open concept will make you want to stay. The entry has the stairwell to the upper level. The room to the right is the LIVING ROOM, with lots of natural light, original hard wood floors plus a fireplace. The DINING ROOM is open to the living room and has many windows to the backyard. The kitchen has plenty cabinets and counters and the seller is offering a $3000.00 appliance allowance at closing. Rounding out the main level is a half bath. Upstairs you will find 3 bedrooms and a full bath plus ample closet space. The basement is unfinished and could be whatever use you need. Outside is a covered front porch, a small back porch, a LARGE detached garage and a lovely yard.

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