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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 7150 Arden Ct, Evansville, IN, 47712 listed at $339,900 pairs $2,490/mo rent with a $1,664/mo payment to leave $353/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $4,236/yr on $112,677 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 8.79% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 123.11% and total cumulative return in cash totals $138,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
| 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 |
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $339,900 |
| 2025-06-01 | Pending sale | $339,900 |
| 2025-05-07 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $3976.12 | 3.17% | $383,800 | 2.70% |
| 2023-10-18 | $3854.00 | 16.95% | $373,700 | 6.89% |
| 2022-10-18 | $3295.56 | 1.51% | $349,600 | 18.83% |
Listed by: Carson Lowry • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516419
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.
