National Modern Plan, Goldfinch CoveEvansvilleIN47725
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 Modern Plan, Goldfinch Cove, Evansville, IN, 47725 generates $3,384/mo in rent and, after a $1,938/mo payment, leaves $999/mo in cash flow. Total monthly income is $3,384/mo, and annual cash flow is $11,989/yr on $131,274 invested. Return on cash invested sits at 29.04% in year one, and rental yield is 10.25% on a $396,000 entry. Equity gained on principal adds $2,555/yr, while 5% annual appreciation builds toward $109,408 over five years. Five-year ROI reaches 151.62% and total cumulative return in cash sums $199,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,384/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$8 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Jagoe Homes
Mls Name: Jagoe Homes
Mls Provider:
Mls ID: #N/A