7700 Hogue RdEvansvilleIN47712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7700 Hogue Rd, Evansville, IN, 47712 at $192,000 posts ROI 19.99% with $4/mo cash flow from $1,157/mo rent. Total monthly income equals $1,157/mo, and annual cash flow records $50/yr on $63,648 to close. Return on cash invested measures 19.99% and rental yield reads 7.23% at the current $192,000. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,046 by year five. Five-year ROI prints 103.08% and total cumulative return in cash totals $65,608.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,157/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darron Albin • HARRIS REAL ESTATE LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518236
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.