504-506 Adams 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
Investment property for sale in Evansville at 504-506 Adams Ave, Evansville, IN, 47713 earns $501/mo cash flow from $1,394/mo rent with a $685/mo payment. Total monthly income totals $1,394/mo, and annual cash flow totals $6,017/yr on $46,410 capital. ROI tracks 32.87% on current figures, and rental yield reads 11.95% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 172.69% and total cumulative return in cash sums $80,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,394/mo property income instead of your personal income.
Multi Family
Built in 1894
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Stacey Carpenter • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202412301
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.