539 S Denby AveEvansvilleIN47713
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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 539 S Denby Ave, Evansville, IN, 47713 priced at $118,900 pairs $1,016/mo rent with $302/mo cash flow after a $582/mo payment. Total monthly income equals $1,016/mo, and annual cash flow comes to $3,627/yr on $39,415 invested. Return on cash invested is 29.11% in year one, and rental yield stands at 10.25% on a $118,900 basis. Equity gained on principal adds $767/yr, and 5% annual appreciation accumulates to $32,850 by year five. Five-year ROI measures 152.04% and total cumulative return in cash reaches $59,926. For financing, Ziffy Mortgage’s DSCR program evaluates $1,016/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1919
2,613 sqft lot
$N/A/sqft
No HOA
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Listed by: Richard MacPherson • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431261
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