Great Turn Key Single Family investment homes Evansville, IN
Evansville turn key property package
These turn key properties can be purchased in the entirety of all 6 packages with 63 investment homes total and a purchase price of $2,696,300 or can be purchase by the individual packages as a complete package with the addresses below.
All properties can be searched and found on our website www.Team-McCoy.com or call us at 812-760-6576 for additional information (just search the addresses in the search box). Also you can email us at [email protected] for updated rents and spreadsheets (all numbers below are as of May 2016 and are year to date from 1/2016 to 5/2016).
1) Yellow West Evansville Property Package
12 Investment homes package on the West side Evansville $495,800
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 401 E Michigan St | 2250 | 2366.35 | -116.35 | 20 | -96.35 | 26900 | 1/31/2017 | $ 400.00 |
| 414 E Virginia | 1580 | 528.33 | 1051.67 | 0 | 1051.67 | 27900 | 3/31/2016 | $ 200.00 |
| 1160 S Bedford | 1375.35 | 1989.26 | -613.91 | 0 | -613.91 | 29900 | 2/28/2017 | $ 200.00 |
| 410 E Virginia | 2165 | 549.33 | 1615.67 | 0 | 1615.67 | 29900 | 3/31/2017 | $ 400.00 |
| 509 E Iowa St | 350 | 2779.66 | -2429.66 | 0 | -2429.66 | 29900 | - | - |
| 720 E Oregon | 1575 | 1718.89 | -143.89 | 0 | -143.89 | 29900 | 11/30/2016 | $ 250.00 |
| 707 E Iowa St | 2450 | 504.32 | 1945.68 | 0 | 1945.68 | 44900 | 4/30/2017 | $ 250.00 |
| 720 E Delaware | 2720 | 654.06 | 2065.94 | 0 | 2065.94 | 44900 | 5/31/2015 | $ 600.00 |
| 302 E Louisiana St | 2100 | 504.33 | 1595.67 | 0 | 1595.67 | 49900 | 9/30/2016 | $ 250.00 |
| 817 W Franklin | 0 | 1477.41 | -1477.41 | 40 | -1437.41 | 55900 | 4/30/2017 | $ 350.00 |
| 909 N Fifth St | 2200 | 584.66 | 1615.34 | 0 | 1615.34 | 59900 | 9/30/2016 | $ 500.00 |
| 202 Adams | 4600 | 504.32 | 4095.68 | 0 | 4095.68 | 65900 | 2/28/2014 | $ 700.00 |
| 12 Invest Homes | $23,365.35 | $14,160.92 | $9,204.43 | $60.00 | $9,264.43 | $495,800.00 | . |
2) Yellow East Evansville Property Package
8 investment homes package East side Evansville$403,000
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 1410 E Tennessee | 2000 | 1034.32 | 965.68 | 0 | 965.68 | 28500 | 9/30/2016 | $ 250.00 |
| 1239 John St | 2268.63 | 2000.25 | 268.38 | 0 | 268.38 | 33500 | - | - |
| 1112 Harlan | 2340 | 504.32 | 1835.68 | 0 | 1835.68 | 35500 | 2/28/2017 | $ 300.00 |
| 2217 S Lombard Ave | 2200 | 528.32 | 1671.68 | 0 | 1671.68 | 35500 | 10/31/2016 | $ 300.00 |
| 1505 S St James Blvd | 3200 | 504.32 | 2695.68 | 0 | 2695.68 | 66500 | 2/28/2017 | $ 850.00 |
| 1512 S St James Blvd | 2600 | 566.56 | 2033.44 | 0 | 2033.44 | 66500 | 10/31/2015 | $ 550.00 |
| 1117 Lodge | 3130 | 504.32 | 2625.68 | 0 | 2625.68 | 68500 | 9/30/2016 | $ 200.00 |
| 2222 S Walnut Ln | 2700 | 504.32 | 2195.68 | 0 | 2195.68 | 68500 | 1/31/2013 | $ 500.00 |
| 8 Invest Homes | $20,438.63 | $6,146.73 | $14,291.90 | $0.00 | $14,291.90 | $403,000.00 | . |
3) Orange West Evansville Property Package
12 investment homes package West side Evansville- $495,800
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 1510 Florence | 1580 | 695.32 | 884.68 | 0 | 884.68 | 25900 | 4/30/2016 | $ 100.00 |
| 1516 Florence | 1140 | 937.61 | 202.39 | 0 | 202.39 | 25900 | - | - |
| 1021 N Elliott St | 1400 | 811.46 | 588.54 | 0 | 588.54 | 26900 | 3/31/2016 | $ 400.00 |
| 649 E Oregon | 2300 | 504.31 | 1795.69 | 0 | 1795.69 | 29900 | 6/30/2016 | $ 300.00 |
| 610 E Michigan St | 810 | 2079.62 | -1269.62 | 0 | -1269.62 | 35900 | - | - |
| 215 W Maryland | 2620 | 624.96 | 1995.04 | 0 | 1995.04 | 37900 | 9/30/2016 | $ 500.00 |
| 410 W Oregon | 1125 | 2277.57 | -1152.57 | 0 | -1152.57 | 37900 | 2/28/2017 | $ 325.00 |
| 921 Second Ave | 0 | 419 | -419 | 0 | -419 | 39900 | 9/30/2015 | $ - |
| 545 S Kerth | 3230 | 1081.84 | 2148.16 | 0 | 2148.16 | 45900 | 6/30/2016 | $ 500.00 |
| 921 W Missouri St | 2780 | 1379.36 | 1400.64 | 200 | 1600.64 | 47900 | 8/31/2016 | $ 400.00 |
| 1019 Bellemeade Ave | 2150 | 657.16 | 1492.84 | 0 | 1492.84 | 53900 | 11/30/2013 | $ 400.00 |
| 1104 Adams Ave | 2422 | 902.63 | 1519.37 | 0 | 1519.37 | 87900 | 11/30/2016 | $ 400.00 |
| 12 Invest Homes | $21,557.00 | $12,370.84 | $9,186.16 | $200.00 | $9,386.16 | $495,800.00 | . |
4) Orange East Evansville Property Package
8 investment homes package East side Evansville $404,000
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 209 Rotherwood | 1800 | 414.88 | 1385.12 | 0 | 1385.12 | 24500 | 9/30/2016 | $ - |
| 1335 E Franklin St | 110.12 | 2026 | -1915.88 | 0 | -1915.88 | 27500 | - | - |
| 1215 Henning | 5975 | 504.32 | 5470.68 | 0 | 5470.68 | 39500 | 9/30/2016 | $ 560.00 |
| 1332 East Walnut St | 2000 | 504.32 | 1495.68 | 0 | 1495.68 | 0 | 7/31/2013 | $ 400.00 |
| 1330 East Walnut St | 922 | 811.25 | 110.75 | 0 | 110.75 | 56500 | - | - |
| 1609 Rheinhardt | 400 | 1767.3 | -1367.3 | 40 | -1327.3 | 57500 | - | - |
| 1251 E Illinois St | 4022.12 | 1359.49 | 2662.63 | 0 | 2662.63 | 62500 | 9/30/2015 | $ 400.00 |
| 1610 S Parker | 2700 | 598.11 | 2101.89 | 0 | 2101.89 | 66500 | 8/31/2016 | $ 400.00 |
| 3009 Sweetser | 2600 | 706 | 1894 | 0 | 1894 | 69500 | 8/31/2018 | $ 2,500.00 |
| 9 Invest Homes | $20,529.24 | $8,691.67 | $11,837.57 | $40.00 | $11,877.57 | $404,000.00 | . |
5) Green West Evansville Property Package
13 investment homes package West side Evansville- $497,700
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 1157 Sweetser | 2300 | 626.26 | 1673.74 | 0 | 1673.74 | 17900 | 9/30/2016 | $ 500.00 |
| 643 E Maryland | 2200 | 137.22 | 2062.78 | 0 | 2062.78 | 17900 | 1/31/2016 | $ - |
| 1313 N 2nd St | 2080 | 2154.97 | -74.97 | 0 | -74.97 | 25900 | 2/28/2017 | $ 400.00 |
| 1515 Dresden | 1750 | 645.32 | 1104.68 | 0 | 1104.68 | 28900 | 9/30/2016 | $ 400.00 |
| 1316 N 5th Ave | 2460 | 544.32 | 1915.68 | 0 | 1915.68 | 35900 | 2/28/2017 | $ 400.00 |
| 618 E Missouri | 1670 | 540.32 | 1129.68 | 0 | 1129.68 | 35900 | - | - |
| 640 Madison Ave | 1900 | 529.31 | 1370.69 | 0 | 1370.69 | 35900 | 9/30/2016 | $ 250.00 |
| 307 E Florida | 2000 | 504.33 | 1495.67 | 0 | 1495.67 | 37900 | 12/30/2008 | $ - |
| 1118 N Garvin | 1100 | 3230.24 | -2130.24 | 0 | -2130.24 | 39900 | 2/28/2017 | $ 400.00 |
| 1119 Adams Ave | 2300 | 529.32 | 1770.68 | 0 | 1770.68 | 39900 | 6/30/2016 | $ 300.00 |
| 914 N Fourth St | 2875 | 529.32 | 2345.68 | 0 | 2345.68 | 39900 | 1/31/2016 | $ 350.00 |
| 653 E Maryland St | 2500 | 1093.3 | 1406.7 | 0 | 1406.7 | 44900 | 9/30/2016 | $ 600.00 |
| 1010 E Mulberry St | 2250 | 884.57 | 1365.43 | 0 | 1365.43 | 96900 | 9/30/2016 | $ 100.00 |
| 13 Invest Homes | $27,385.00 | $11,948.80 | $15,436.20 | $0.00 | $15,436.20 | $497,700.00 | . |
6) Green East Evansville Package
8 investment homes package East Side Evansville $400,000
| Address | Rents | Expenses | Net Ordinary Income | Other Income | Net Income | List Price | Lease Exp | Deposit |
| 3305 Culverson | 2610 | 504.33 | 2105.67 | 0 | 2105.67 | 37500 | 12/31/2015 | $ 400.00 |
| 1102 S Harland | 2150 | 1143.46 | 1006.54 | 0 | 1006.54 | 39500 | - | - |
| 223 N Rotherwood Ave | 1380 | 3871.29 | -2491.29 | 220 | -2271.29 | 43500 | 2/28/2017 | $ 300.00 |
| 4409 Covert Ave | 2640 | 528.33 | 2111.67 | 0 | 2111.67 | 47500 | 9/30/2016 | $ 500.00 |
| 1812 Hercules | 2220 | 504.32 | 1715.68 | 0 | 1715.68 | 56500 | 11/30/2016 | $ 300.00 |
| 1015 Henning | 2250 | 504.32 | 1745.68 | 0 | 1745.68 | 57500 | 5/31/2016 | $ 300.00 |
| 1625 Rheinhardt | 1825 | 415.89 | 1409.11 | 0 | 1409.11 | 58500 | - | - |
| 4517 Taylor Ave | 2950 | 1773.51 | 1176.49 | 0 | 1176.49 | 59500 | 11/30/2016 | $ 375.00 |
| 8 Invest Homes | $18,025.00 | $9,245.45 | $8,779.55 | $220.00 | $8,999.55 | $400,000.00 | . |
Evansville, IN Overview
Links to Evansville Area Market Stats
The market is made up of a strong manufacturing based economy and a large downtown redevelopment is currently underway including an Indiana University Medical School and double tree convention center hotel and is poised for growth with the recent completion of the I-69 corridor and new innovations happening between Crane Naval Base and one of Evansville's 3 universities with the I-69 Innovation Corridor.
The City of Evansville is located on the north bank of the Ohio River in Indiana near the boarder of Kentucky and Illinois. The city is considered the economic center of the tri-state area. Evansville is the county seat of Vanderburgh County and the third largest city in Indiana, with a city population (per 2010 US Census) of 117,429. The Evansville Metropolitan Statistical Area (which includes Gibson, Posey, Vanderburgh and Warrick Counties in Indiana and
Henderson and Webster Counties in Kentucky) has a population of 358,676, an increase of almost 5% since from 2000.
The Evansville area has a diversified economy. While manufacturing accounts for approximately 20% of jobs, the rapidly growing services sector employs 71% of the workforce. The Evansville Region