4448 Baldwin CtEvansvilleIN47725
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
Investment Highlights
Investment property for sale in Evansville at 4448 Baldwin Ct, Evansville, IN, 47725 uses $133,595 cash to close to unlock $8,642/yr annual cash flow and $720/mo monthly cash flow. Total monthly income runs $3,248/mo, and a $1,972/mo payment keeps the spread at $720/mo. Purchase price stands at $403,000, and rental yield measures 9.67% with $3,248/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $111,341 over five years. Five-year ROI reaches 137.66% and total cumulative return in cash records $183,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $1,972/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,691 (100%) |
| Owner Occupied HU | 7,049 (91.7%) |
| Renter Occupied HU | 355 ( 4.6%) |
| Vacant Housing Units | 287 ( 3.7%) |
| Median Home Value | $291,497 |
| Average Home Value | $339,153 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202421909
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.