








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Evansville at 4718 Deer Run Ct, Evansville, IN, 47712 generates $1,697/mo in rent and, after a $940/mo payment, leaves $503/mo in cash flow. Total monthly income is $1,697/mo, and annual cash flow is $6,031/yr on $63,648 invested. Return on cash invested sits at 29.38% in year one, and rental yield is 10.61% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 153.7% and total cumulative return in cash sums $97,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,697/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
7,840 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 |
|---|---|---|
| 2025-03-04 | Listing removed | $1,795 |
| 2025-02-22 | Price change | $1,795 |
| 2025-02-04 | Listed for rent | $1,895 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2093.52 | 13.17% | $204,100 | 3.39% |
| 2023-10-23 | $1849.86 | 20.43% | $197,400 | 14.37% |
| 2022-10-23 | $1536.10 | 1.61% | $172,600 | 20.78% |



Listed by: Michael Demont • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438627
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.