








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 4709 Deer Run Ct, Evansville, IN, 47712 with 5% annual appreciation on a $235,000 basis while $1,653/mo rent supports operations. Total monthly income totals $1,653/mo and a $1,150/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,786/yr on $77,903 deployed, and return on cash invested reaches 23.49% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 8.44%. Five-year ROI measures 121.9% and total cumulative return in cash totals $94,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,653/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $235,000 |
| 2017-12-11 | Sold | $144,000 |
| 2017-10-17 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $2076.16 | 9.24% | $196,000 | 3.32% |
| 2023-05-01 | $1900.52 | 20.20% | $189,700 | 7.48% |
| 2022-05-01 | $1581.16 | 2.06% | $176,500 | 21.14% |



Listed by: Brooklyn Buchanan • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515137
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.