National Craftsman Plan, McCutchan TraceEvansvilleIN47725
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
Rental property for sale in Evansville at National Craftsman Plan, McCutchan Trace, Evansville, IN, 47725 priced at $401,300 converts $3,389/mo rent into $968/mo cash flow after a $1,964/mo obligation. Total monthly income equals $3,389/mo, and annual cash flow totals $11,619/yr on $133,031 invested. Return on cash invested prints 28.64% in year one, and rental yield reads 10.13% against a $401,300 entry. Equity gained on principal adds $2,590/yr, while 5% annual appreciation compiles into $110,872 by year five. Five-year ROI reaches 149.49% and total cumulative return in cash sums $198,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,389/mo property income covering a $1,964/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$12 monthly 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