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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 932 Allens Ln, Evansville, IN, 47710 with 5% annual appreciation on a $169,000 basis while $1,504/mo rent supports operations. Total monthly income totals $1,504/mo and a $827/mo payment preserves $490/mo for cash returns. Annual cash flow comes to $5,876/yr on $56,024 deployed, and return on cash invested reaches 30.4% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 10.68%. Five-year ROI measures 158.88% and total cumulative return in cash totals $89,011.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,504/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47710, Evansville, IN area.
| 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 |
Residential
8,354
Single Family
7,255
Multi-Family
1,099
Businesses
587
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $169,000 |
| 2025-04-28 | Pending sale | $165,000 |
| 2025-04-24 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $941.56 | 27.69% | $83,700 | 1.82% |
| 2023-10-23 | $737.36 | -50.17% | $82,200 | 11.84% |
| 2022-10-23 | $1479.80 | 2.31% | $73,500 | 11.36% |
What's Special
Storage
Listed by: Trae Dauby • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514413
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.
