4445 Seib RdEvansvilleIN47720
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 4445 Seib Rd, Evansville, IN, 47720 in Evansville is narrow, $178/mo net on $844/mo rent after the $499/mo debt service, but the property operates at break-even-plus, not a loss. At $110,900 with a 9.13% yield, the long-run equity case via 5% appreciation ($30,640 over five years) and $1,021/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.69 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $53,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $178 | $450 |
City averages based on Evansville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $844 |
| Total Monthly Debt Service | $622 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andros L'Grand • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls ID: #202526799