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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 7904 New Maple Rd, Evansville, IN, 47710 uses $96,102 cash to close to unlock $2,508/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,419/mo payment keeps the spread at $209/mo. Purchase price stands at $289,900, and rental yield measures 8.23% with $1,988/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 116.82% and total cumulative return in cash records $112,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $289,900 |
| 2024-10-10 | Listing removed | $289,900 |
| 2024-09-16 | Pending sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2868.62 | 36.27% | $251,500 | -0.44% |
| 2022-10-15 | $2105.16 | 3.93% | $252,600 | 33.37% |
| 2021-10-15 | $2025.48 | 0.52% | $189,400 | N/A |
Listed by: Chris Harney • Keller Williams Elite
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439382
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.
