637 Jackson Ave,Evansville,IN,47713

Investment Highlights

Investment property for sale in Evansville at 637 Jackson Ave, Evansville, IN, 47713 offers a 9.9% rental yield on a $125,000 purchase with $1,031/mo rent. Total monthly income registers $1,031/mo, and a $612/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,366/yr on $41,438 to close, and return on cash invested stands at 28.03% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 146.2% and total cumulative return in cash at $60,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,031/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.