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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 4512 Stringtown Rd, Evansville, IN, 47711 at $229,900 posts ROI 24.19% with $272/mo cash flow from $1,652/mo rent. Total monthly income equals $1,652/mo, and annual cash flow records $3,266/yr on $76,212 to close. Return on cash invested measures 24.19% and rental yield reads 8.62% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 125.65% and total cumulative return in cash totals $95,759.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.
| 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 |
Residential
13,613
Single Family
13,451
Multi-Family
162
Businesses
915
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listed for sale | $229,900 |
| 2020-10-19 | Sold | $185,000 |
| 2020-09-14 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $1654.78 | -1.38% | $150,500 | -2.59% |
| 2023-05-08 | $1678.00 | 6.06% | $154,500 | -0.45% |
| 2022-05-08 | $1582.16 | 51.11% | $155,200 | 7.40% |
Listed by: Deanne S Naas • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516452
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.
