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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% |
Investment property for sale in Evansville at 6412 E Oak St, Evansville, IN, 47715 uses $72,599 cash to close to unlock $6,819/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $1,072/mo payment keeps the spread at $568/mo. Purchase price stands at $219,000, and rental yield measures 10.32% with $1,883/mo rent. Return on cash invested shows 29.3% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 153.02% and total cumulative return in cash records $111,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,712 sqft 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 |
|---|---|---|
| 2025-08-21 | Listed for sale | $219,000 |
| 2025-07-21 | Listing removed | $189,900 |
| 2025-06-26 | Price change | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-22 | $1465.74 | 2.77% | $138,000 | 3.14% |
| 2023-08-22 | $1426.28 | 41.65% | $133,800 | -0.37% |
| 2022-08-22 | $1006.88 | 1.51% | $134,300 | 41.67% |
Listed by: Trae Dauby • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533523
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.
