Grand (Grandin) Plan, Grandin PointeEvansvilleIN47720
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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 Grand (Grandin) Plan, Grandin Pointe, Evansville, IN, 47720 with 5% annual appreciation on a $102,995 basis while $882/mo rent supports operations. 54% in year one. Equity gained on principal adds $665/yr, and five-year appreciation sums $28,456 alongside rental yield of 10.28%. Five-year ROI measures 74.15% and total cumulative return in cash totals $25,316. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $882/mo property income versus a $504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
$445 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47720, Evansville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,528 (100%) |
| Owner Occupied HU | 5,956 (79.1%) |
| Renter Occupied HU | 1,089 (14.5%) |
| Vacant Housing Units | 483 ( 6.4%) |
| Median Home Value | $259,054 |
| Average Home Value | $282,141 |
Housing Distribution
Address Breakdown
Residential
7,407
Single Family
7,389
Multi-Family
18
Businesses
184
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Listed by: N/A • You Got It Homes
Mls Name: You Got It Homes
Mls Provider:
Mls ID: #N/A