6925 Big Cynthiana RdEvansvilleIN47720
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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 6925 Big Cynthiana Rd, Evansville, IN, 47720 listed at $285,500 pairs $2,666/mo rent with a $1,397/mo payment to leave $953/mo cash flow. Total monthly income runs $2,666/mo, and annual cash flow reaches $11,431/yr on $94,643 cash to close. Return on cash invested measures 31.99% in year one, and rental yield registers 11.21% at a $285,500 basis. Equity gained on principal adds $1,842/yr, and annual property appreciation at 5% supports $78,878 by year five. Five-year ROI tracks 167.37% and total cumulative return in cash totals $158,407. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,666/mo property income relative to a $1,397/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
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Listed by: Lauren Lagenour • Catanese Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202428946
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.