4501 Sweetser AveEvansvilleIN47714
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 4501 Sweetser Ave, Evansville, IN, 47714 uses $62,952 cash to close to unlock $5,262/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $1,578/mo, and a $929/mo payment keeps the spread at $439/mo. Purchase price stands at $189,900, and rental yield measures 9.97% with $1,578/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 147.45% and total cumulative return in cash records $92,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,578/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 7,947 (50.9%) |
| Renter Occupied HU | 5,921 (37.9%) |
| Vacant Housing Units | 1,757 (11.2%) |
| Median Home Value | $150,643 |
| Average Home Value | $196,114 |
Housing Distribution
Address Breakdown
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Ferguson • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202547766