613 Berry CtEvansvilleIN47710
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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 613 Berry Ct, Evansville, IN, 47710 priced at $345,000 pairs $2,617/mo rent with $546/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,617/mo, and annual cash flow comes to $6,547/yr on $114,368 invested. Return on cash invested is 25.63% in year one, and rental yield stands at 9.1% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 133.31% and total cumulative return in cash reaches $152,464. For financing, Ziffy Mortgage’s DSCR program evaluates $2,617/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.46 Acres 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: Theresa Catanese • Catanese Real Estate
Mls Name: IRMLS
Mls ID: #202534962