813 Jefferson Ave, Evansville, IN, 47713 | $164/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

Investment property for sale in Evansville at 813 Jefferson Ave, Evansville, IN, 47713 offers a 9.07% rental yield on a $104,900 purchase with $793/mo rent. Total monthly income registers $793/mo, and a $513/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,965/yr on $34,774 to close, and return on cash invested stands at 25.56% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 132.91% and total cumulative return in cash at $46,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $793/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1914

3,920 sqft lot

$N/A/sqft

No HOA