Summit Craftsman Plan, Westridge Commons, Evansville, IN, 47712 | $363/mo Cash Flow

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Summit Craftsman Plan, Westridge Commons, Evansville, IN, 47712 | $363/mo Cash Flow | Ziffy

For Sale

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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 Summit Craftsman Plan, Westridge Commons, Evansville, IN, 47712 uses $110,588 cash to close to unlock $4,359/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,387/mo, and a $1,633/mo payment keeps the spread at $363/mo. Purchase price stands at $333,600, and rental yield measures 8.59% with $2,387/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $92,168 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash records $136,969. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,387/mo property income covering a $1,633/mo payment rather than investor’s personal income.

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 features a split-bedroom layout, offering both privacy and functionality. The secondary bedrooms and a full bathroom are located near the foyer, providing a convenient and welcoming entry. The open living area includes a spacious family room, a kitchen with an island, and a large dining areaperfect for gatherings. The private owner's suite, situated just off the family room, includes an ensuite bath and a generously sized walk-in closet. Additional home highlights include a spacious laundry room, a private, covered patio for outdoor relaxation, and an optional bonus room for extra living space. | How plan pricing works: You and the builder design the home that's right for you. The final price will vary based on the floor plan, home site, and personalized options you choose.

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