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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 742 Trillium Way, Evansville, IN, 47712 priced at $344,500 pairs $2,366/mo rent with $271/mo cash flow after a $1,686/mo payment. Total monthly income equals $2,366/mo, and annual cash flow comes to $3,247/yr on $114,202 invested. Return on cash invested is 22.75% in year one, and rental yield stands at 8.24% on a $344,500 basis. Equity gained on principal adds $2,223/yr, and 5% annual appreciation accumulates to $95,179 by year five. Five-year ROI measures 117.96% and total cumulative return in cash reaches $134,715. For financing, Ziffy Mortgage’s DSCR program evaluates $2,366/mo property income against a $1,686/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
0.27 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 |
|---|---|---|
| 2025-03-21 | Listed for sale | $344,500 |
| 2022-10-07 | Sold | $294,000 |
| 2022-09-08 | Pending sale | $294,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $3191.36 | 39.45% | $298,500 | 1.19% |
| 2023-03-24 | $2288.54 | -0.56% | $295,000 | 43.27% |
| 2022-03-24 | $2301.38 | 9.34% | $205,900 | 5.86% |
What's Special
Walk-up
Listed by: Doug Howie • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509193
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.
