515 E Mulberry StEvansvilleIN47713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 515 E Mulberry St, Evansville, IN, 47713 at $125,000 posts ROI 27.13% with $249/mo cash flow from $1,000/mo rent. Total monthly income equals $1,000/mo, and annual cash flow records $2,994/yr on $41,438 to close. Return on cash invested measures 27.13% and rental yield reads 9.6% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 141.42% and total cumulative return in cash totals $58,601.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacey Guerra • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530854
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.