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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4802 Legacy Run, Evansville, IN, 47711 generates $1,553/mo in rent and, after a $734/mo payment, leaves $438/mo in cash flow. Total monthly income is $1,553/mo, and annual cash flow is $5,254/yr on $49,692 invested. Return on cash invested sits at 30.48% in year one, and rental yield is 12.43% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 161.19% and total cumulative return in cash sums $80,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,553/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$215 monthly HOA
Neighborhood data shown for ZIP Code: 47711, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,101 (100%) |
| Owner Occupied HU | 9,728 (69.0%) |
| Renter Occupied HU | 3,243 (23.0%) |
| Vacant Housing Units | 1,130 ( 8.0%) |
| Median Home Value | $186,195 |
| Average Home Value | $202,916 |
Residential
13,613
Single Family
13,451
Multi-Family
162
Businesses
915
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Sold | $149,900 |
| 2025-07-21 | Pending sale | $149,900 |
| 2025-07-18 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $895.16 | -21.78% | $124,000 | 3.33% |
| 2023-10-21 | $1144.36 | 44.23% | $120,000 | -7.62% |
| 2022-10-21 | $793.40 | 21.84% | $129,900 | 28.61% |
Listed by: Deanne S Naas • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528193
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.
