Patriot Craftsman 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
Rental property for sale in Evansville at Patriot Craftsman w/ 3-Car Plan, Goldfinch Cove, Evansville, IN, 47725 offers $3,748/mo rent that, after a $1,964/mo payment, leaves $1,339/mo cash flow. Total monthly income is $3,748/mo, and annual cash flow is $16,071/yr on $133,031 cash. Return on cash invested measures 31.99% in year one, and rental yield stands at 11.21% at a $401,300 entry. Equity gained on principal adds $2,590/yr while 5% annual appreciation compounds into $110,872 by year five. Five-year ROI records 167.4% and total cumulative return in cash reaches $222,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,748/mo property income versus a $1,964/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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