810 E Gum St, Evansville, IN, 47713 | $324/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Evansville at 810 E Gum St, Evansville, IN, 47713 priced at $169,900 converts $1,344/mo rent into $324/mo cash flow after a $832/mo obligation. Total monthly income equals $1,344/mo, and annual cash flow totals $3,884/yr on $56,322 invested. Return on cash invested prints 26.81% in year one, and rental yield reads 9.49% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 139.6% and total cumulative return in cash sums $78,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,344/mo property income covering a $832/mo payment, not borrower’s personal income.

Single Family

Built in 1919

5,445 sqft lot

$N/A/sqft

No HOA