The Camelia Plan, Centerra Ridge, Evansville, IN, 47715 | $880/mo Cash Flow

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The Camelia Plan, Centerra Ridge, Evansville, IN, 47715 | $880/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

Rental property for sale in Evansville at The Camelia Plan, Centerra Ridge, Evansville, IN, 47715 generates $2,900/mo in rent and, after a $1,647/mo payment, leaves $880/mo in cash flow. Total monthly income is $2,900/mo, and annual cash flow is $10,562/yr on $111,517 invested. Return on cash invested sits at 29.38% in year one, and rental yield is 10.34% on a $336,400 entry. Equity gained on principal adds $2,171/yr, while 5% annual appreciation builds toward $92,941 over five years. Five-year ROI reaches 153.42% and total cumulative return in cash sums $171,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,900/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Introducing the Camelia Floorplan - where every corner exudes a sense of modern charm in this thoughtfully design. This meticulously designed home is not just a space; its a lifestyle. With 3 spacious bedrooms and 2 luxurious bathrooms, this home offers a perfect blend of private sanctuaries and inviting communal areas. Step into the large owners suite, a haven of tranquility, where serenity and style coalesce. With ample space and carefully curated details, this suite is a testament to comfort and sophistication. Imagine waking up to the gentle embrace of natural light streaming in through the generously sized windows, illuminating your mornings with a warm, golden glow. Speaking of windows, the Camelia floorplan is a celebration of natural light. The strategically placed windows bring the outdoors in, creating an ambiance that is both refreshing and uplifting. Every room is bathed in sunlight, enhancing the overall ambiance and making every moment spent indoors a delightful experience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47715, Evansville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,106 (100%)
Owner Occupied HU	7,008 (46.4%)
Renter Occupied HU	7,082 (46.9%)
Vacant Housing Units	1,016 ( 6.7%)
Median Home Value	$218,062
Average Home Value	$246,752