Grand Mill Creek Plan, Mill Creek 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
Rental property for sale in Evansville at Grand Mill Creek Plan, Mill Creek Pointe, Evansville, IN, 47720 priced at $102,995 pairs $882/mo rent with after a $504/mo payment. Total monthly income equals $882/mo. Return on cash invested is 9.71% in year one, and rental yield stands at 10.28% on a $102,995 basis. Equity gained on principal adds $665/yr, and 5% annual appreciation accumulates to $28,456 by year five. Five-year ROI measures 54.99% and total cumulative return in cash reaches $18,776. For financing, Ziffy Mortgage’s DSCR program evaluates $882/mo property income against a $504/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
$554 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
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Mls ID: #N/A