4715 Violet DrEvansvilleIN47725
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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
Rental property for sale in Evansville at 4715 Violet Dr, Evansville, IN, 47725 priced at $369,888 pairs $3,292/mo rent with $1,072/mo cash flow after a $1,810/mo payment. Total monthly income equals $3,292/mo, and annual cash flow comes to $12,864/yr on $122,618 invested. Return on cash invested is 30.4% in year one, and rental yield stands at 10.68% on a $369,888 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,193 by year five. Five-year ROI measures 158.89% and total cumulative return in cash reaches $194,826. For financing, Ziffy Mortgage’s DSCR program evaluates $3,292/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.25 Acres 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: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls ID: #202507268