5328 Riley Ln UNIT A, Evansville, IN, 47710 | 5.33% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5328 Riley Ln UNIT A, Evansville, IN, 47710 | 5.33% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evansville at 5328 Riley Ln UNIT A, Evansville, IN, 47710 earns from $1,200/mo rent with a $1,322/mo payment. Total monthly income totals $1,200/mo. ROI tracks 14.27% on current figures, and rental yield reads 5.33% at a $269,996 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,595 over five years. Five-year ROI reaches 72.37% and total cumulative return in cash sums $64,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.

Condo

Built in 2021

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for maintenance-free living close to shopping and dining? Don't miss this beautiful 2-bedroom, 2-full-bath home with a sunroom & covered porch that's sure to impress. The spacious living room features a tray ceiling and luxury vinyl tile flooring, opening to an amazing kitchen with granite countertops, cherry cabinets, a large island, stainless steel appliance and a pantry. The laundry room also includes matching cherry cabinets and luxury vinyl tile for a polished look. The owner's suite offers a tray ceiling, cozy carpet, and an ensuite bath with tile flooring, a walk-in shower, and a generous walk-in closet. The second bedroom is equally spacious with carpeting and its own walk-in closet. Enjoy the sunroom, perfect for a home office or reading nook, or relax on the covered front porch. Step out back to your priate patio - ideal for grilling and entertaining. An attached 2-car garage completes this move-in-ready home that combines comfore, convenience and low-maintenance living. Per owner: utiity bill averages $188/month; $189.30 HOA fee includes mowing, water, trash and snow removal; Included in sale: Refrigerator, Range, Oven, Dishwasher, Microwave & Blinds

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