5221 Warren DrEvansvilleIN47710
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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 5221 Warren Dr, Evansville, IN, 47710 with 5% annual appreciation on a $183,700 basis while $1,452/mo rent supports operations. Total monthly income totals $1,452/mo and a $899/mo payment preserves $349/mo for cash returns. Annual cash flow comes to $4,193/yr on $60,897 deployed, and return on cash invested reaches 26.79% in year one. Equity gained on principal adds $1,185/yr, and five-year appreciation sums $50,753 alongside rental yield of 9.49%. Five-year ROI measures 139.56% and total cumulative return in cash totals $84,986.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,452/mo property income versus a $899/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,969 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: Constance M Nord • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202424335
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.