4545 Rathbone DrEvansvilleIN47725
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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
Investment Highlights
Investment property for sale in Evansville at 4545 Rathbone Dr, Evansville, IN, 47725 offers a 10.74% rental yield on a $248,900 purchase with $2,227/mo rent. Total monthly income registers $2,227/mo, and a $1,218/mo payment leaves $733/mo available for distribution. Annual cash flow reaches $8,798/yr on $82,510 to close, and return on cash invested stands at 30.57% in year one. Equity gained on principal adds $1,606/yr while 5% annual appreciation supports $68,766 over five years. Portfolio math shows five-year ROI at 159.84% and total cumulative return in cash at $131,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,227/mo property income against a $1,218/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5,967 sqft 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
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Listed by: Kathryn R Moran-Trentini • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202534474