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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Evansville at 827 Adams Ave, Evansville, IN, 47713 offers a 7.88% rental yield on a $140,000 purchase with $919/mo rent. Total monthly income registers $919/mo, and a $685/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $946/yr on $46,410 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 113.53% and total cumulative return in cash at $52,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $919/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
3,484 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $140,000 |
| 2018-04-23 | Sold | $12,000 |
| 2017-11-30 | Listed for sale | $14,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $731.90 | 78.29% | $30,000 | -10.98% |
| 2023-03-17 | $410.52 | 4.36% | $33,700 | 79.26% |
| 2022-03-17 | $393.36 | 2.33% | $18,800 | 6.21% |
Listed by: Marc Hoeppner • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508224
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.
