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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Evansville at 6009 Snowflake Cv, Evansville, IN, 47715 offers $1,870/mo rent that, after a $1,077/mo payment, leaves $368/mo cash flow. Total monthly income is $1,870/mo, and annual cash flow is $4,414/yr on $72,930 cash. Return on cash invested measures 25.96% in year one, and rental yield stands at 10.2% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 136.12% and total cumulative return in cash reaches $99,275. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,870/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.
| 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 |
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Sold | $220,000 |
| 2024-10-18 | Pending sale | $224,900 |
| 2024-10-02 | Listed for sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $4002.80 | 204.57% | $159,100 | -13.67% |
| 2023-10-23 | $1314.24 | 3.91% | $184,300 | 30.52% |
| 2022-10-23 | $1264.84 | 3.88% | $141,200 | 7.95% |
Listed by: Kenneth G Haynie • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438210
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
