809 Jefferson Ave #1-4,Evansville,IN,47713

Investment Highlights

Investment property for sale in Evansville at 809 Jefferson Ave #1-4, Evansville, IN, 47713 listed at $165,000 pairs $1,674/mo rent with a $808/mo payment to leave $683/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $8,197/yr on $54,698 cash to close. Return on cash invested measures 34.9% in year one, and rental yield registers 12.17% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 183.06% and total cumulative return in cash totals $100,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).