817 SE Riverside Dr, Evansville, IN, 47713 | 7.09% Rental Yield

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 817 SE Riverside Dr, Evansville, IN, 47713 earns from $1,180/mo rent with a $977/mo payment. Total monthly income totals $1,180/mo. ROI tracks 19.58% on current figures, and rental yield reads 7.09% at a $199,700 purchase. Equity gained on principal adds $1,289/yr, and 5% annual appreciation supports $55,173 over five years. Five-year ROI reaches 100.82% and total cumulative return in cash sums $66,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,180/mo property income instead of your personal income.

Multi Family

Built in 1919

6,098 sqft lot

$N/A/sqft

No HOA