5 E Powell AveEvansvilleIN47713
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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 5 E Powell Ave, Evansville, IN, 47713 priced at $325,000 pairs $1,847/mo rent with after a $1,591/mo payment. Total monthly income equals $1,847/mo. Return on cash invested is 18.75% in year one, and rental yield stands at 6.82% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 96.38% and total cumulative return in cash reaches $103,837. For financing, Ziffy Mortgage’s DSCR program evaluates $1,847/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Philip R Hooper • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520427
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