Cumberland Farmhouse w/ 3-Car Plan, Goldfinch CoveEvansvilleIN47725
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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 Cumberland Farmhouse w/ 3-Car Plan, Goldfinch Cove, Evansville, IN, 47725 at $383,200 posts ROI 29.16% with $979/mo cash flow from $3,280/mo rent. Total monthly income equals $3,280/mo, and annual cash flow records $11,751/yr on $127,031 to close. Return on cash invested measures 29.16% and rental yield reads 10.27% at the current $383,200. Equity gained on principal adds $2,473/yr, and 5% annual appreciation supports $105,871 by year five. Five-year ROI prints 152.24% and total cumulative return in cash totals $193,389.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,280/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
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
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Listed by: N/A • Jagoe Homes
Mls Name: Jagoe Homes
Mls Provider:
Mls ID: #N/A