The Camelia Plan, Centerra RidgeEvansvilleIN47715
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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 The Camelia Plan, Centerra Ridge, Evansville, IN, 47715 generates $2,921/mo in rent and, after a $1,647/mo payment, leaves $901/mo in cash flow. Total monthly income is $2,921/mo, and annual cash flow is $10,814/yr on $111,517 invested. Return on cash invested sits at 29.61% in year one, and rental yield is 10.42% 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 154.64% and total cumulative return in cash sums $172,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,921/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,912
Single Family
11,610
Multi-Family
3,302
Businesses
1,567
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Listed by: N/A • Thompson Homes
Mls Name: Thompson Homes
Mls Provider:
Mls ID: #N/A