929 S Garvin StEvansvilleIN47713
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 929 S Garvin St, Evansville, IN, 47713 uses $49,692 cash to close to unlock $2,686/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $734/mo payment keeps the spread at $224/mo. Purchase price stands at $149,900, and rental yield measures 9% with $1,124/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 131.58% and total cumulative return in cash records $65,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1919
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant A Waldroup • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507708
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.