524 Sheridan RdEvansvilleIN47710
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 524 Sheridan Rd, Evansville, IN, 47710 at $194,500 posts ROI 20.4% with $26/mo cash flow from $1,194/mo rent. Total monthly income equals $1,194/mo, and annual cash flow records $317/yr on $64,477 to close. Return on cash invested measures 20.4% and rental yield reads 7.37% at the current $194,500. Equity gained on principal adds $1,255/yr, and 5% annual appreciation supports $53,737 by year five. Five-year ROI prints 105.28% and total cumulative return in cash totals $67,881.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,194/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.32 Acres 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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Nearby investment properties with comparable prices
Listed by: Shelly Turi • FOLZ REALTORS
Mls Name: IRMLS
Mls ID: #202527359