5321 Dauby Dr UNIT AEvansvilleIN47710
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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
Rental property for sale in Evansville at 5321 Dauby Dr UNIT A, Evansville, IN, 47710 generates $2,025/mo in rent and, after a $1,532/mo payment, leaves $146/mo in cash flow. Total monthly income is $2,025/mo, and annual cash flow is $1,753/yr on $103,760 invested. Return on cash invested sits at 21.6% in year one, and rental yield is 7.76% on a $313,000 entry. Equity gained on principal adds $2,020/yr, while 5% annual appreciation builds toward $86,476 over five years. Five-year ROI reaches 111.7% and total cumulative return in cash sums $115,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,025/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A 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: Colton Glaser • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls ID: #202529907