Berkley Plan, Creekside MeadowsEvansvilleIN47725
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 Berkley Plan, Creekside Meadows, Evansville, IN, 47725 offers a 8.28% rental yield on a $363,878 purchase with $2,510/mo rent. Total monthly income registers $2,510/mo, and a $1,781/mo payment leaves $326/mo available for distribution. Annual cash flow reaches $3,908/yr on $120,626 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $2,348/yr while 5% annual appreciation supports $100,533 over five years. Portfolio math shows five-year ROI at 119.98% and total cumulative return in cash at $144,723. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,510/mo property income against a $1,781/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Chapman Homes LLC
Mls Name: Chapman Homes LLC
Mls Provider:
Mls ID: #N/A