716 Waggoner AveEvansvilleIN47713
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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 716 Waggoner Ave, Evansville, IN, 47713 offers a 9.9% rental yield on a $119,000 purchase with $982/mo rent. Total monthly income registers $982/mo, and a $582/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,965/yr on $39,449 to close, and return on cash invested stands at 27.43% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 143.26% and total cumulative return in cash at $56,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $982/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
N/A lot
$N/A/sqft
No HOA
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Listed by: Yvonne Woodburn • Catanese Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510549
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.