








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 4641 Capehart St, Evansville, IN, 47725 offers a 8.78% rental yield on a $234,900 purchase with $1,719/mo rent. Total monthly income registers $1,719/mo, and a $1,150/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,661/yr on $77,869 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 127.89% and total cumulative return in cash at $99,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,719/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
| 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 |
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $234,900 |
| 2023-07-31 | Sold | $220,000 |
| 2023-06-21 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $1993.12 | 12.19% | $193,200 | -6.71% |
| 2023-05-16 | $1776.48 | 9.81% | $207,100 | 14.74% |
| 2022-05-16 | $1617.84 | 35.96% | $180,500 | 10.74% |



Listed by: Christie L Martin • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517879
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.