9142 Hartwell DrEvansvilleIN47725
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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 9142 Hartwell Dr, Evansville, IN, 47725 uses $101,108 cash to close to unlock $2,929/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $2,128/mo, and a $1,493/mo payment keeps the spread at $244/mo. Purchase price stands at $305,000, and rental yield measures 8.37% with $2,128/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash records $119,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47725, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,691 (100%) |
| Owner Occupied HU | 7,049 (91.7%) |
| Renter Occupied HU | 355 ( 4.6%) |
| Vacant Housing Units | 287 ( 3.7%) |
| Median Home Value | $291,497 |
| Average Home Value | $339,153 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
7,898
Multi-Family
0
Businesses
359
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Listed by: Christie L Martin • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519762
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.