5614 Winthrop CtEvansvilleIN47715
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 5614 Winthrop Ct, Evansville, IN, 47715 offers a 5.01% rental yield on a $1,079,500 purchase with $4,506/mo rent. 6% in year one. Equity gained on principal adds $6,966/yr while 5% annual appreciation supports $298,246 over five years. Portfolio math shows five-year ROI at 68.64% and total cumulative return in cash at $240,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,506/mo property income against a $5,284/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,106 (100%) |
| Owner Occupied HU | 7,008 (46.4%) |
| Renter Occupied HU | 7,082 (46.9%) |
| Vacant Housing Units | 1,016 ( 6.7%) |
| Median Home Value | $218,062 |
| Average Home Value | $246,752 |
Housing Distribution
Address Breakdown
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice E Miller • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202539458