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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% |
Rental property for sale in Evansville at 711 Bennighof Ave, Evansville, IN, 47714 priced at $155,000 pairs $1,916/mo rent with $827/mo cash flow after a $759/mo payment. Total monthly income equals $1,916/mo, and annual cash flow comes to $9,924/yr on $51,383 invested. Return on cash invested is 39.22% in year one, and rental yield stands at 14.83% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 207.49% and total cumulative return in cash reaches $106,612. For financing, Ziffy Mortgage’s DSCR program evaluates $1,916/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47714, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 7,947 (50.9%) |
| Renter Occupied HU | 5,921 (37.9%) |
| Vacant Housing Units | 1,757 (11.2%) |
| Median Home Value | $150,643 |
| Average Home Value | $196,114 |
Residential
14,661
Single Family
13,749
Multi-Family
912
Businesses
674
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $155,000 |
| 2025-08-25 | Pending sale | $159,900 |
| 2025-08-22 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3185.28 | 34.07% | $130,700 | -9.92% |
| 2023-10-22 | $2375.82 | 10.91% | $145,100 | 35.35% |
| 2022-10-22 | $2142.06 | 2.29% | $107,200 | 12.96% |
Listed by: Christie L Martin • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533649
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.
