8039 Lander DrEvansvilleIN47715
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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 8039 Lander Dr, Evansville, IN, 47715 listed at $509,900 pairs $2,982/mo rent with a $2,496/mo payment. Total monthly income runs $2,982/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 7.02% at a $509,900 basis. Equity gained on principal adds $3,290/yr, and annual property appreciation at 5% supports $140,876 by year five. Five-year ROI tracks 99.29% and total cumulative return in cash totals $166,568. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,982/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
10,454 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,106 (100%) |
| Owner Occupied HU | 7,008 (46.4%) |
| Renter Occupied HU | 7,082 (46.9%) |
| Vacant Housing Units | 1,016 ( 6.7%) |
| Median Home Value | $218,062 |
| Average Home Value | $246,752 |
Housing Distribution
Address Breakdown
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
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Listed by: Gretchen Ballard • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514418
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.