5011 Manor CtEvansvilleIN47710
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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
Investment property for sale in Evansville at 5011 Manor Ct, Evansville, IN, 47710 listed at $269,900 pairs $2,071/mo rent with a $1,321/mo payment to leave $451/mo cash flow. Total monthly income runs $2,071/mo, and annual cash flow reaches $5,410/yr on $89,472 cash to close. Return on cash invested measures 25.96% in year one, and rental yield registers 9.21% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 135.03% and total cumulative return in cash totals $120,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,071/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Housing Distribution
Address Breakdown
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
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Listed by: Penny Crick • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202549274