627 Concord BlvdEvansvilleIN47710
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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
Investment property for sale in Evansville at 627 Concord Blvd, Evansville, IN, 47710 earns $189/mo cash flow from $876/mo rent with a $560/mo payment. Total monthly income totals $876/mo, and annual cash flow totals $2,269/yr on $37,957 capital. ROI tracks 25.89% on current figures, and rental yield reads 9.18% at a $114,500 purchase. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 over five years. Five-year ROI reaches 134.76% and total cumulative return in cash sums $51,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $876/mo property income instead of your personal income.
Single Family
Built in 1954
8,276 sqft 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: Tammy L Wargel • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508320
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.