700 Saint Phillips Rd SEvansvilleIN47712
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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 700 Saint Phillips Rd S, Evansville, IN, 47712 at $529,900 posts ROI 10.55% with from $1,800/mo rent. Total monthly income equals $1,800/mo. Return on cash invested measures 10.55% and rental yield reads 4.08% at the current $529,900. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 by year five. Five-year ROI prints 52.39% and total cumulative return in cash totals $91,343. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
7.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Housing Distribution
Address Breakdown
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
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Nearby investment properties with comparable prices
Listed by: Jessica Gries • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202600008