8343 Blessing WayEvansvilleIN47712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8343 Blessing Way, Evansville, IN, 47712 at $376,000 posts ROI 22.75% with $295/mo cash flow from $2,920/mo rent. Total monthly income equals $2,920/mo, and annual cash flow records $3,535/yr on $124,644 to close. Return on cash invested measures 22.75% and rental yield reads 9.32% at the current $376,000. Equity gained on principal adds $2,426/yr, and 5% annual appreciation supports $103,882 by year five. Five-year ROI prints 119.1% and total cumulative return in cash totals $148,445.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2017
N/A lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Housing Distribution
Address Breakdown
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Hancock-Wargel • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202429286
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.