829 Allens LnEvansvilleIN47710
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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
Investment Highlights
Investment property for sale in Evansville at 829 Allens Ln, Evansville, IN, 47710 with 5% annual appreciation on a $115,000 basis while $1,120/mo rent supports operations. Total monthly income totals $1,120/mo and a $563/mo payment preserves $430/mo for cash returns. Annual cash flow comes to $5,154/yr on $38,123 deployed, and return on cash invested reaches 33.43% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 11.69%. Five-year ROI measures 175.17% and total cumulative return in cash totals $66,777.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,120/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 4,484 (49.7%) |
| Renter Occupied HU | 3,556 (39.4%) |
| Vacant Housing Units | 988 (10.9%) |
| Median Home Value | $169,138 |
| Average Home Value | $212,042 |
Housing Distribution
Address Breakdown
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
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Listed by: Casey J McCoy • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls ID: #202548639