Spruce Farmhouse Plan, Westridge Commons, Evansville, IN, 47712 | $450/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Spruce Farmhouse Plan, Westridge Commons, Evansville, IN, 47712 | $450/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evansville at Spruce Farmhouse Plan, Westridge Commons, Evansville, IN, 47712 listed at $383,500 pairs $2,773/mo rent with a $1,877/mo payment to leave $450/mo cash flow. Total monthly income runs $2,773/mo, and annual cash flow reaches $5,400/yr on $127,130 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 8.68% at a $383,500 basis. Equity gained on principal adds $2,475/yr, and annual property appreciation at 5% supports $105,954 by year five. Five-year ROI tracks 125.43% and total cumulative return in cash totals $159,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,773/mo property income relative to a $1,877/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

$21 monthly HOA

More details about the property

Construction Status: Design & Build | This ranch-style home offers a spacious, open layout, ideal for everyday living and entertaining. The family room features a cozy fireplace, while the kitchen includes a convenient island and a generously sized dining area, perfect for gatherings. The private owner's suite is a serene retreat with a deluxe ensuite bath and a large walk-in closet. The secondary bedrooms are also generously sized, each with a walk-in closet, and are conveniently located near the second full bath. Additional features include a welcoming foyer, a family entry, and a separate laundry room. For added flexibility, the home offers options for a fourth bedroom or a bonus room above the garage, making it adaptable to your needs. | How plan pricing works: You and the builder design the right home for you. The final price will vary based on your chosen floor plan, home site, and personalized options.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,417 (100%)
Owner Occupied HU	6,822 (59.8%)
Renter Occupied HU	3,381 (29.6%)
Vacant Housing Units	1,214 (10.6%)
Median Home Value	$224,192
Average Home Value	$254,495