9462 E State Road 70EvanstonIN47531
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 9462 E State Road 70, Evanston, IN, 47531 in Evanston. Rental yield 0%. At $215,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $59,401 in new equity by year five, complemented by $1,802/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Evanston market data in our database. Property projections are estimates.
Single Family
Built in 1958
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47531, Evanston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 368 (80.9%) |
| Renter Occupied HU | 44 ( 9.7%) |
| Vacant Housing Units | 43 ( 9.5%) |
| Median Home Value | $267,647 |
| Average Home Value | $308,757 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
421
Multi-Family
0
Businesses
13
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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
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No similar rental properties found nearby.
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